By Afe Funbi Key highlights: The SUI price has entered a major bounce zone around $1.50–$1.55, matching previous levels that sparked strong reversals. Oversold RSI on both the 1D and 3D timeframes signals that momentum may be shifting back toward buyers. Analysts are watching reclaim levels at $1.68, $1.79, and especially $2, where a full […]
Tag: OBV
By YDN Key Points: A short-lived rally triggered by Elon Musk’s X post did not translate into lasting bullish sentiment or price support. The $0.18–$0.19 range functioned as a critical resistance zone; rejection from this area reinforced bearish control. Open Interest declined by 3.66% in 24 hours alongside a 2.67% price drop, indicating reduced speculative […]
By coinspy Key Points: A new, tighter trading range has emerged just beneath that breakdown zone, but price action remains under pressure. On-chain data reveals consistent outflows from whale wallets since early September, suggesting sustained distribution by large holders. Spikes in dormant token circulation during mid-to-late October coincide with sharp price declines, reinforcing bearish sentiment. […]