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SUI UTC price action shows consolidation within a narrowing range, with price hovering around the pivot level of $2.40. Despite the -4.09% daily decline, the neutral RSI and converging MACD suggest a potential shift in momentum brewing.
Technical Overview:
SUI is displaying mixed signals with the RSI at 52.12 indicating neutral momentum. The MACD convergence (-0.06249832) with its signal line suggests decreasing bearish pressure, while the moderate BB Width of 22.83% points to potential volatility expansion.
✔ Key Observations:
• Price is testing the pivot level ($2.40) as immediate support
•
Technical Overview:
SUI is displaying mixed signals with the RSI at 52.12 indicating neutral momentum. The MACD convergence (-0.06249832) with its signal line suggests decreasing bearish pressure, while the moderate BB Width of 22.83% points to potential volatility expansion.
✔ Key Observations:
• Price is testing the pivot level ($2.40) as immediate support
•
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