Global economic stress and transfer business policies affect the cryptocurrency markets, showing the needle special flexibility.
The property established a trading range of 4.46% between $ 3.70 and $ 3.86, which was getting strong volume support at the level of $ 3.755.
A significant speed increased with an increase of 1.9% on the up-high volume, which establishes resistance at $ 3.850.
The formation of high climbing in the latter of the day suggests consolidation above $ 3.775 support level.
Technical analysis highlights
- SUI established a 24-hour trading range of 0.165 (4.46%) between high levels of 3.700 and 3.862.
- The support of strong volume during 17–18 hours emerged at 3.755 level, with the accumulation of 24-hour more than 45%of the average.
- The price of 7.2 cents (1.9%) on the up-auspicious quantity led to a significant speed in 20:00 hours.
- Resistance installed at 3.850 with high climbing in later part of the day.
- The reduction in instability in the last hours suggests consolidation above 3.775 support levels.
- Important buyer interest appeared between 01: 27-01: 30, which forms a strong support area at 3.756–3.760 with extraordinary high volume (more than 300,000 per minute).
- The decisive rapid reversal began at 01:42, establishing a range of high climb and high high levels.
- The breakout above 3.780 took place at 01:55, followed by a decreasing amount of consolidation near 3.785.
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