Markets· ★★· bearish·

SUI drops 7.60% to $0.982, tests key support levels

  • —SUI trades at $0.982 after a 7.60% daily decline
  • —Volume of $655.42 million is 27.51% below the 30-day average
  • —RSI at 43.8, MACD bearish; support at $0.9765, $0.9641 and SMA-50 at $0.9321
  • —SUI is up 41.88% over the month but 81.64% below its $5.35 all-time high
Why it matters: The drop came on below-average volume, so holding $0.9765 will determine whether this is a tactical pullback or a deeper trend reversal.
Source: DiarioBitcoin