Sui
The native token of the block chain of the CAPE-1, exploded from the consolidation, rising from $ 3.27 to $ 3.39, which shows a volatility range of 5.2% in the middle of the increase in the most early negotiation volume on Tuesday.
Geopolitical tensions and ongoing commercial disputes between the main economies are creating uncertainty of the market, with the sui prices action that reflects a broader feeling of the market.
Recent pricing consolidation about $ 3.31 suggests the completion of the accumulation phase, with higher minimums that form a bullish structure despite minor setbacks.
Global commercial disputes and economic policy changes are creating waves in cryptocurrency markets, with SUI experiencing a remarkable price action as investors navigate the uncertain waters. The recent rupture of the token of a consolidation phase demonstrates resilience in the midst of wider market volatility, with support levels that are formed at $ 3.29- $ 3.30 after acting previously as resistance. Meanwhile, Sui Network’s technological advances continue to call attention, with their focus on scalability and integration of web3, positioning it uniquely within the blockchain ecosystem.
Technical analysis
- Sui exhibited a notable 5.2% volatility range ($ 0.17) during the 24 -hour period.
- Key resistance established at $ 3.37- $ 3.39 backed by a volume higher than the average of 14.6 million.
- Support levels were formed at $ 3.29- $ 3.30, which previously acted as resistance before being violated.
- The price action suggests the completion of the accumulation phase with higher minimums that form an upward structure.
- The Token erased some of his profits during the morning hours of the United States, quoting at $ 3.30 at the time of publication.
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