World financial tensions and shifting commerce insurance policies proceed to affect cryptocurrency markets, with SUI exhibiting explicit resilience.
The asset established a buying and selling vary of 4.46% between $3.70 and $3.86, discovering robust quantity assist at the $3.755 stage.
A notable bullish momentum emerged with worth surging 1.9% on above-average quantity, establishing resistance at $3.850.
The formation of upper lows all through the latter a part of the day suggests consolidation above the $3.775 assist stage.
Technical Evaluation Highlights
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SUI established a 24-hour buying and selling vary of 0.165 (4.46%) between the low of three.700 and excessive of three.862.
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Strong quantity assist emerged at the three.755 stage throughout hours 17-18, with accumulation exceeding the 24-hour quantity common by 45%.
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Notable bullish momentum occurred within the 20:00 hour with worth surging 7.2 cents (1.9%) on above-average quantity.
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Resistance established at 3.850 with larger lows forming all through the latter a part of the day.
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Reducing volatility within the ultimate hours suggests consolidation above the three.775 assist stage.
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Important purchaser curiosity appeared between 01:27-01:30, forming a powerful assist zone at 3.756-3.760 with exceptionally excessive quantity (over 300,000 models per minute).
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Decisive bullish reversal started at 01:42, establishing a collection of upper lows and better highs.
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Breakout above 3.780 occurred at 01:55, adopted by consolidation close to 3.785 with lowering quantity.
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Exterior References
