Sui (SUI): Can it hold above $0.95?$SUI
SUI/USDT is trading near $0.9612, down 2.58% over the past 24 hours. On the hourly chart, the trend is bearish, with the price below key moving averages: EMA9 at 0.9658, EMA50 at 0.9878, and MA99 at 1.0052. The price is also close to the lower Bollinger Band (0.9538), indicating strong selling pressure, though a short-term rebound is possible.
Several lower wicks have recently appeared near 0.9528, indicating buyers are stepping in at this level. The latest candles are small, suggesting the market is consolidating after the decline and awaiting a breakout to determine its direction.
Support: 0.9528, then 0.9473
Resistance: 0.9712, then 0.9878, then 0.9964
Scenarios:
- An hourly candle close below 0.9528 could send the price toward 0.9473 and lower.
- Holding above 0.9528, followed by a close above 0.9712, could open the way toward 0.9878 and then 0.9964.
#SUI #sui #تحليل_فني #Binance #العملات_الرقمية
SUI/USDT is trading near $0.9612, down 2.58% over the past 24 hours. On the hourly chart, the trend is bearish, with the price below key moving averages: EMA9 at 0.9658, EMA50 at 0.9878, and MA99 at 1.0052. The price is also close to the lower Bollinger Band (0.9538), indicating strong selling pressure, though a short-term rebound is possible.
Several lower wicks have recently appeared near 0.9528, indicating buyers are stepping in at this level. The latest candles are small, suggesting the market is consolidating after the decline and awaiting a breakout to determine its direction.
Support: 0.9528, then 0.9473
Resistance: 0.9712, then 0.9878, then 0.9964
Scenarios:
- An hourly candle close below 0.9528 could send the price toward 0.9473 and lower.
- Holding above 0.9528, followed by a close above 0.9712, could open the way toward 0.9878 and then 0.9964.
#SUI #sui #تحليل_فني #Binance #العملات_الرقمية