The cryptocurrency $SUI is currently exhibiting a bearish market bias, with a coin signal indicating a downward trend and a probability confidence of 0.682. The macro signal reflects Bitcoin's mixed performance, showing a 12-hour downward trend while experiencing a 1-hour upward change. AI confidence in these signals is high at 0.95.
Traders are advised to approach $SUI with caution, setting a take-profit (TP) level at 0.87667 and a stop-loss (SL) at 0.89892. The market bias remains short unless there is a 1-hour close above 0.89892, which would invalidate the current bearish outlook.
$SUI Market Shows Bearish Signals Amid BTC Fluctuations
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
