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SUI Shows Modest Gains Amid Bearish Signals as Toncoin Faces Resistance
SUI Shows Modest Gains Amid Bearish Signals as Toncoin Faces Resistance
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[TRADE_PLUGIN]SUIUSDT,SUIUSDT[/TRADE_PLUGIN]
SUI News -
SUI has recorded slight weekly gains of approximately 2%, standing in stark contrast to its 23% decline over the past six months. Currently trading between $2.77 and $4.01, the token has critical support at $2.29 and resistance at $4.77. Technical indicators, including an RSI of 45.11 and a negative Awesome Oscillator, suggest persistent bearish pressure.
Meanwhile, market focus is shifting to Toncoin, which is grappling with its own resistance hurdles. While SUI's lukewarm recovery provides limited optimism, traders are closely monitoring potential breakouts or breakdowns at key levels. The broader crypto market's appetite for altcoins remains under scrutiny as these assets navigate ongoing volatility.
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