SUI has recorded a modest gain of over 4%, trading at $3.19.
The asset has seen 24-hour liquidations totalling $3.14 million.
A slight uptick in crypto assets follows a bear trap recovery, with the Fear and Greed Index holding at 37, signaling fear. The altcoin SUI posts a 4.17% gain. SUI kicked off the day trading in around the $3 range, before falling to a low of $2.93.
The altcoin’s bearish pressure has wiped out its recent gains. At press time, SUI traded at $3.19, with its daily trading volume reaching $1.11 billion. Besides, the altcoin has witnessed a 24-hour liquidation of $3.14 million.
Over the last thirty days, SUI has lost over 31%. This price drop has pushed the altcoin toward the weekly low of $2.72 from $4.76. The asset failed to recover from the bearish pressure, trading on the downside.
Will SUI Sink Even Deeper?
SUI’s Moving Average Convergence Divergence (MACD) line and signal line have crossed below the zero line, signalling the in-progress
We współpracy z: https://thenewscrypto.com/is-sui-facing-a-make-or-break-moment/
