How Binance’s SEI, SUI, MDX, CHESS, and ALPACA Delistings Might Reshape the Future of Digital Asset Trading
- Binance Delisting Announcement: Binance will delist SEI, SUI, CHESS, MDX, and ALPACA trading pairs on May 31, impacting market stability and investor sentiment.
- Impact on Traders: Delisting will close positions, auto-settle, and cancel pending orders on affected pairs, urging traders to adjust positions and leverage.
- Price Reactions: Varied price reactions observed post-delisting announcement: SUI down 1.43%, CHESS down 4.93%, SEI down 3.30%, ALPACA up 3.12%, MDX up 0.02%.
- Market Sentiment Concerns: Investors worried about potential changes in prices and market sentiment due to the delisting decision by Binance.
- Market Response: Binance's proactive risk management efforts aim to improve market integrity but have led to divergent reactions in the value of the impacted coins.
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Technical Analysis for SUI
Technical Sentiment Analysis for Sui (SUI) As of , Sui (SUI) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 1 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for SUI stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, SUI is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Sui (SUI) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.303 | 0.546 | 0.793 | 1.036 | 1.284 | 1.527 | 1.774 |
| Fibonacci | 0.546 | 0.733 | 0.849 | 1.036 | 1.223 | 1.339 | 1.527 |
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