Markets· ★★★· bearish·

SUI Slips Below $1 as ETF Buyers Keep Stacking Despite the Dip

  • —SUI dropped to $0.963 and trades near $0.977, down 4.3% on the day
  • —About $959.43 million liquidated in 24 hours, 91.7% from longs
  • —U.S. SUI ETFs logged five straight weeks of inflows, adding ~14 million SUI
  • —The $0.95-$1.00 zone is now support, with $0.78-$0.84 below it
Why it matters: Holding $0.95 will determine whether SUI's uptrend from the September rally to $1.30 remains intact.
Source: CoinCentral