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SUI Struggles to Recover from Recent Losses Amid Investor Skepticism Beincrypto 1 тиждень тому

SUI Struggles to Recover from Recent Losses Amid Investor Skepticism 📉

Sui

SUI has faced challenges rebounding from a 43% decline since the start of the year, as investor skepticism and a volatile market hinder recovery efforts. Multiple attempts have failed to establish a sustainable rebound.

The MACD indicator approaches a potential bullish crossover, possibly signaling a recovery, yet traders remain cautious, waiting for confirmation before engaging in significant buying activity.

The CMF indicator reveals continued capital outflows and weak investor participation, reflecting skepticism towards SUI's price potential. Without a demand surge, the altcoin's recovery remains uncertain.

Despite market challenges, SUI's price rose 6% in 24 hours, defending key support levels, offering a glimmer of hope for a rebound.

However, losing support at $3.18 could reignite bearish momentum, threatening further declines and delaying a sustained recovery.

Джерело: beincrypto.com ↗

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