Volume is rising while the price drops. That deserves a closer look.
$SUI trades at $0.8921, down 4.16% over 24 hours with $38.75M in volume. The latest hourly volume reached 1.30x the prior 23-hour average, even as price slipped.
If buyers step in to reclaim the 0.9001 low, momentum could shift back toward the recent 0.9566 range high. However, failing to hold current levels risks extending losses below the session base.
Will a confirmed move back above 0.9001 signal accumulation, or does high volume on a down day point to deeper distribution?
Tap $SUI for the live chart. #SUI #BinanceSquare
$SUI trades at $0.8921, down 4.16% over 24 hours with $38.75M in volume. The latest hourly volume reached 1.30x the prior 23-hour average, even as price slipped.
If buyers step in to reclaim the 0.9001 low, momentum could shift back toward the recent 0.9566 range high. However, failing to hold current levels risks extending losses below the session base.
Will a confirmed move back above 0.9001 signal accumulation, or does high volume on a down day point to deeper distribution?
Tap $SUI for the live chart. #SUI #BinanceSquare