SUI Surges After Finding Strong Support at $3.75 Level

20 hours ago

Global economical tensions and shifting commercialized policies proceed to power cryptocurrency markets, with SUI showing peculiar resilience.

The plus established a trading scope of 4.46% betwixt $3.70 and $3.86, uncovering beardown measurement enactment astatine the $3.755 level.

A notable bullish momentum emerged with terms surging 1.9% connected above-average volume, establishing absorption astatine $3.850.

The enactment of higher lows passim the second portion of the time suggests consolidation supra the $3.775 enactment level.

Technical Analysis Highlights

SUI established a 24-hour trading scope of 0.165 (4.46%) betwixt the debased of 3.700 and precocious of 3.862.
Strong measurement enactment emerged astatine the 3.755 level during hours 17-18, with accumulation exceeding the 24-hour measurement mean by 45%.
Notable bullish momentum occurred successful the 20:00 hr with terms surging 7.2 cents (1.9%) connected above-average volume.
Resistance established astatine 3.850 with higher lows forming passim the second portion of the day.
Decreasing volatility successful the last hours suggests consolidation supra the 3.775 enactment level.
Significant purchaser involvement appeared betwixt 01:27-01:30, forming a beardown enactment portion astatine 3.756-3.760 with exceptionally precocious measurement (over 300,000 units per minute).
Decisive bullish reversal began astatine 01:42, establishing a bid of higher lows and higher highs.
Breakout supra 3.780 occurred astatine 01:55, followed by consolidation adjacent 3.785 with decreasing volume.

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