SUI Trading Volume Hits $615 Million, Overtakes Avalanche | Airdrop Alert Pro

SUI In the past 24 hours, the price has risen by about 4 %, but it has fallen by 30 % in the past month. Although the recovery is slightly recovered, its technical indicators still show the overall setting settings, and the Ichimoku cloud and EMA lines show strong resistance.

However, SUI continues to show an impressive trading activity, ranking the sixth largest blockchain daily. avalanche And polygon. Whether SUI can maintain this momentum and get $ 4 in the next few days depends on its ability to break the key resistance level and confirm the trend reversal.

SUI is now the sixth largest chain of the daily number

SUI blockchain In the past 24 hours, the daily number reached 615 million US dollars, making it the sixth largest blockchain volume. This makes it a good network ahead of the avalanche, ultra -current oil, polygon and TRON, and has issued strong market activities.

Although SUI is a relatively newer player, it has such a large number of capabilities that the interest of traders and investors is increasing.

Tracking daily volume is important for blockchain because it reflects user participation, liquidity and overall needs. Although it attracts $ 615 million a day, it SUI Compared with the old network such as avalanche and polygon, the protocol is still much less.

This shows that although its ecosystem has not yet been developed, powerful trading activities may promote more projects based on SUI, which may accelerate its adoption and growth.

IChimoku Cloud picture is SUI’s decline settings

Ichimoku cloud chart display price Trading under the cloud is currently under the widespread trend. The cloud itself is thick and tilted downward, indicating that if the amount of motivation is not transferred, it indicates that a strong resistance overhead and the continuation of the downward trend.

The conversion line (blue) has recently risen and tried to cross the baseline (red), which may be an early signal of the potential short -term bullish momentum. However, lagging span (green) is still lower than prices and clouds, which has enhanced the long -term trend that has not changed.

In the future, the cloud has also formed a structured structure. Its leading span A (green) is lower than the leading span B (red), indicating that the volume of decline still dominates.

Although prices have risen recently, Yun is still a powerful resistance zone. Unless the price can surpass its trend and confirm the reversal of the trend, the overall emotions are still cautious. fact price Hanging near the edge of the clouds, this shows that it has been integrated before a clearer trend.

SUI price forecast: Can SUI take back $ 4 in the next few days?

The sui ema cable is still decliningAlthough the recent price has risen, the average of short -term movement is still lower than long -term. This shows that despite the improvement of motivation, the overall trend has not been reversed to a significant upward trend.

If the current bullish momentum continues price It can test $ 3.94, and the breakthrough of this level may lead to the transfer of $ 4.25. A greater change may increase the price and may reach $ 4.76 or $ 5.14 in the next few weeks.

However, as Ichimoku Cloud and EMA structures indicate, the wider market sentiment of SUI is still loser. If the price cannot maintain its current momentum and the test support is 3.35 US dollars, the level of loss may cause further decline to below $ 3.

in this case, price It may fall to $ 2.97, and if the sales pressure is still strong, it may be as low as $ 2.38. Before the decisive trend changes, the market is still in a cautious stage, and it is likely to be upward and downlink.