$SUI Around 0.8546 USD: what are the 24-hour range and funding saying?
With the broader market leaning bearish, $SUI posted a steeper 24-hour decline than BTC and SOL. Funding remains slightly positive, raising the question of which side the capital flows are leaning toward.
Key data points
At 16:10 on 05/11/2026, $SUI was trading around 0.8546 USD, down -9.5 over 24 hours, according to Binance Futures data. SUI funding was 0.0025, remaining positive. The 1-hour RSI was 25, and the 4-hour RSI was 38. 24-hour volume reached 0.24 billion USDT. By comparison, BTC fell -5.8 and SOL fell -6.7 over the same period, while ETH fell -7.8. This means SUI’s decline was greater than that of the leading group…
Positive funding on a down day
Slightly positive funding suggests that long traders are still willing to pay to maintain their positions, rather than shifting to a market dominated by shorts. This is noteworthy given the sharp price decline over the past 24 hours. Two interpretations may both be possible: selling pressure may be coming mainly from the spot market, or long traders may remain committed and have not yet faced widespread liquidations. The available data is insufficient to determine…
Contrary scenario: If SUI’s 24-hour range changes significantly, this question will need to be reassessed.
Source: Binance Futures (23:10 05-11)
This is educational technical analysis, not investment advice. Cryptocurrency trading involves high risk, and you could lose all your capital. Do your own research and take responsibility for your decisions.
#Binance #Crypto #Futures
With the broader market leaning bearish, $SUI posted a steeper 24-hour decline than BTC and SOL. Funding remains slightly positive, raising the question of which side the capital flows are leaning toward.
Key data points
At 16:10 on 05/11/2026, $SUI was trading around 0.8546 USD, down -9.5 over 24 hours, according to Binance Futures data. SUI funding was 0.0025, remaining positive. The 1-hour RSI was 25, and the 4-hour RSI was 38. 24-hour volume reached 0.24 billion USDT. By comparison, BTC fell -5.8 and SOL fell -6.7 over the same period, while ETH fell -7.8. This means SUI’s decline was greater than that of the leading group…
Positive funding on a down day
Slightly positive funding suggests that long traders are still willing to pay to maintain their positions, rather than shifting to a market dominated by shorts. This is noteworthy given the sharp price decline over the past 24 hours. Two interpretations may both be possible: selling pressure may be coming mainly from the spot market, or long traders may remain committed and have not yet faced widespread liquidations. The available data is insufficient to determine…
Contrary scenario: If SUI’s 24-hour range changes significantly, this question will need to be reassessed.
Source: Binance Futures (23:10 05-11)
This is educational technical analysis, not investment advice. Cryptocurrency trading involves high risk, and you could lose all your capital. Do your own research and take responsibility for your decisions.
#Binance #Crypto #Futures
