Sui Trades Near $1.10 as Taker Selling Accompanies Weak Momentum
Photo: TokenPost
Sui (SUI) traded near $1.10 on Oct. 11, down 1.65% over 24 hours, as heavier taker selling accompanied weaker short-term momentum signals and declining futures open interest. SUI moved between $1.09 and $1.14. It remained below its seven-day simple moving average of $1.12 and its 20-day average of $1.13, while staying above its 50-day and 200-day averages of $0.92 and $0.86. The daily MACD line and signal line were both 0.0561, leaving the histogram at 0.0000. That reading means the two lines were equal at the measured point but does not confirm a reversal.
Source: TokenPost
