$SUI ‌Market Update



The chart shows a steady range movement with small swings, but momentum is slowly shifting. Price has been holding above the short-term support, and the candles are showing small but consistent recovery attempts. The moving average is turning upward again, and Bollinger Bands are tightening — usually a sign that a bigger move may be coming soon.

Multi-Timeframe Look

Short-term: Buyers are showing interest again. If price stays above the recent lows, a short bounce looks likely.

Mid-term: The trend is still neutral, but momentum indicators are curling upward, showing early signs of strength.

Indicators: MACD is trying to cross up, and volatility looks calm. This often hints at a possible breakout phase.

Future Outlook

If price keeps holding above the support zone, a gradual push upward is possible. But if the support breaks, the market may dip before finding new demand.
For now, it's a wait-and-watch situation with a slight bullish tilt.
SUI5.87%
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GateUser-6857559evip
· 12h ago
thanks for the useful information
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