Okay, let's have a look at what's happening with SUI today!
Currently trading at $0.8924, SUI is up a decent +8.37% in the last 24 hours. That's definitely a positive sign!
Looking at the chart, we can see that SUI has been in a bit of a rollercoaster recently, with some ups and downs. However, today's green candle suggests that a potential reversal might be brewing.
The dots were above the candles for a bit, indicating a downtrend, but now we're starting to see some below, which could signal a possible shift upwards.
It's important to be cautious though. The price is still below the key resistance level of around $0.9180 (the 24h high). If SUI can break through this level with conviction, it could signal further upward movement.
On the downside, keep an eye on the support level around $0.8194 (the 24h low). If the price drops below this level, it could indicate further downside potential.
Overall, SUI is showing some positive signs today, but it's still early to call a full reversal. Keep an eye on those key levels and manage your risk accordingly!
Note: As with many altcoins, SUI's price movement is often influenced by Bitcoin's movements. So, keep an eye on the big guy too.
Disclaimer: Not financial advice, always DYOR!
