$SUI COIN MARKET UPDATE_

_Current Price:_ $0.8844

_24-Hour Performance:_ -4% loss

_Bullish Days:_ 46.78% of days saw SUI closing above its opening price

_All-Time High:_ $2.05 (reached 5 months ago)

_Current Discount:_ -56.81% from its all-time high

_Trend Analysis:_

Sui's price is experiencing a moderate correction, with a -4% loss in the last 24 hours. Despite this, SUI's historical data shows a nearly balanced bias between bullish and bearish days, indicating potential stabilization.

_Key Levels to Watch:_

- Resistance: $1.00

- Support: $0.80

_Trading Strategy:_

- Short-term: Trade SUI's range, using $0.80 as a stop-loss and $1.00 as a take-profit.

- Long-term: Accumulate SUI on dips, targeting a potential breakout above $1.20.

_Market Sentiment:_

- Cautious sentiment prevails, with traders awaiting a clear direction.

- The significant discount from its all-time high presents a potential buying opportunity, but caution is advised due to recent market volatility.

#CryptoMarketMoves #PowellAtJacksonHole #shabana #Write2Earn! $BTC