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SUI Buy Signal Faces a Key Resistance Test

SUI Buy Signal Faces a Key Resistance Test

Photo: CryptoNewsLand

SUI has a pending buy signal on the 12-hour chart after finding support at target four and the 200-day moving average. Price has reclaimed the yellow indicator line, but the daily chart still lacks a corresponding pending buy signal. Binance leads exchange volume at $38.04 million, while Coinbase records the largest positive net inflow at $2.33 million. SUI buy signal is drawing attention after price recovered from its recent support area and moved above the yellow indicator line. The daily chart, however, still lacks confirmation.

Source: CryptoNewsLand

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