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bro, $SU trading volume up 66% to $2.1B, token up 12.55%, Fibonacci at 78.6% $2.43 support, maybe recovery?! A/D indicator screams sell, CMF -0
Sui's daily trading volume surged by 66% to $2.1 billion, while SU token gained 12.55% in 24 hours. A Fibonacci retracement at 78.6% supported at $2.43, hinting at possible recovery. The A/D indicator showed persistent selling pressure, with the CMF at -0.08 indicating a significant capital outflow. Despite a decline, the MFI remained positive. Weekly market structure was optimistic after a structure break in May. Daily chart indicated a downward trend for SU after a $3.12 drop in early June. 📈📉
https://altcoin.observer/is-the-recovery-of-su-sustainable-how-2-08-will-define-the-upcoming-road/
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