Amid allegations that “SUI insiders have sold $400M in tokens during this market surge,” the SUI Foundation responds to address the claims.
The SUI Foundation dispels unfounded FUD, as major centralized exchanges continue to lean heavily on the sell side.
SUI continues to make headway. It has hit a new ATH in Total Value Locked (TVL).
It now processes more transactions than all other EVM-compatible chains.
Will SUI be the next SOLANA?
TECHNICAL OUTLOOK:
It has hit a new ATH, however we're now seeing selling pressure.
SUI significant is at $1.70; in confluence with HVN, nPOC, and 4H demand zone. A break of this level could see a move to around $1.30 (yVWAP), taking out those resting liquidity on the lows.
The SUI Foundation dispels unfounded FUD, as major centralized exchanges continue to lean heavily on the sell side.
SUI continues to make headway. It has hit a new ATH in Total Value Locked (TVL).
It now processes more transactions than all other EVM-compatible chains.
Will SUI be the next SOLANA?
TECHNICAL OUTLOOK:
It has hit a new ATH, however we're now seeing selling pressure.
SUI significant is at $1.70; in confluence with HVN, nPOC, and 4H demand zone. A break of this level could see a move to around $1.30 (yVWAP), taking out those resting liquidity on the lows.
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Tealstreet.io Trade Faster & Trade Easier
Content in partnership with:
twitter.com/mooncakexbt
Content in partnership with:
twitter.com/mooncakexbt
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.