Markets· ★★· neutral·

Sui holds near $1.16 after 5.68% correction as volume doubles

  • —SUI at $1.16, up 0.33% intraday after yesterday's 5.68% drop
  • —Volume at $1.7B, 134% above the 30-day average
  • —RSI 14 at 70.3 — overbought territory
  • —Price sits 37% above the $0.85 SMA-200 and 78.3% below its $5.35 all-time high
Why it matters: Heavy volume with an overbought RSI points to distribution near the highs, making consolidation likely before the next move.
Source: DiarioBitcoin