SUI’s price is range-bound between 2 USD and 3 USD, primarily due to stagnant market demand and Bitcoin’s dominance, which remains high. Traders are cautious with a focus on the 2 USD support level, critical for any potential rebound.
The RSI suggests weakening interest, limiting short-term price recovery. However, the Accumulation/Distribution indicator has shown signs of potential renewed interest in SUI, hinting that some investors may be looking to capitalize on future price movements.
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