In recent months, the coin rose to $5.37 and then fell to $1.961. The trend is bearish, there was a bounce to the 23.6% Fibonacci level, to be precise, the price rose slightly above $2.83. There is now a bullish signal from Wumanchu, however, there is a major unlocking ahead and a daily bearish engulfing pattern has appeared. Growth will resume only if there are clear prospects for the ETF. Canary Capital plans to launch the first ETF based on Sui. SUI faces a cross figure, but analysts suggest that a rise to $3 could change the situation. SUI tokens are awaiting the largest unlock of the week in dollar value — $136.12 million, with the number of tokens amounting to 1.56% of the circulating supply.
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#SUIUSD
In recent months, the coin rose to $5.37 and then fell to $1.961. The trend is bearish, there was a bounce to the 23.6% Fibonacci level, to be precise, the price rose slightly above $2.83. There is now a bullish signal from Wumanchu, however, there is a major unlocking ahead and a daily bearish engulfing pattern has appeared. Growth will resume only if there are clear prospects for the ETF.
Canary Capital plans to launch the first ETF based on Sui.
SUI faces a cross figure, but analysts suggest that a rise to $3 could change the situation.
SUI tokens are awaiting the largest unlock of the week in dollar value — $136.12 million, with the number of tokens amounting to 1.56% of the circulating supply.