SUI/USDT Price Analysis: A Look at the Recent Trend
Price: The current price of SUI/USDT is approximately 2.1150.
24h High and Low: The price has fluctuated over the past 24 hours, reaching a high of 2.2788 and a low of 2.0500.
Volume: The trading volume for SUI and USDT has been relatively high in the past 24 hours, indicating significant interest in the pair.
Price Change: SUI has experienced a decline of 6.72% in the past 24 hours.
Short-term Trend: The short-term trend for SUI/USDT appears to be bearish, with the price declining from its recent high. However, the trading volume remains high, suggesting that there is still interest in the market.
Potential Support and Resistance
The chart shows potential support levels around 2.0500 and 2.1150. If the price breaks below these levels, it could signal further downside. On the other hand, if the price can recover and break above the 2.2748, 2.2788 resistance level, it could indicate a bullish reversal.
