Markets· ★★· bearish·

SUI Falls 8.49% to $1.03, Tests $1.02 Support

  • —SUI dropped 8.49% to $1.03, session low at $1.02
  • —Trading volume reached $896.7 million, 3.75% above the 30-day average
  • —Price is below SMA-7 ($1.17) and SMA-15 ($1.14) but above SMA-30
  • —RSI stands at 50.0 and the MACD histogram is negative
Why it matters: Holding the $1.02 support will determine whether SUI keeps its 26.5% monthly gain or enters a deeper correction.
Source: DiarioBitcoin