Scallop Celebrating $1.5M in Revenue with a Community-Driven Buyback Event!
Scallop's Milestone and Community Celebration: Scallop has achieved $1.5 million in revenue and will celebrate with a $100,000 buyback of SCA tokens from September 11th to 15th, aimed at rewarding loyal users and enhancing the token's value.
Innovative DeFi Protocol: As a next-generation decentralized finance platform, Scallop offers various financial services, including low-fee borrowing and high-interest lending, while emphasizing user experience and sustainability, positioning itself for future growth in the DeFi space.
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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 | 0.794 | 1.036 | 1.284 | 1.527 | 1.775 |
| Fibonacci | 0.546 | 0.733 | 0.849 | 1.036 | 1.224 | 1.339 | 1.527 |
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