Sui: Halt Proves Design Over Uptime Risks
Sui network outage caused zero losses per Kostas Chalkias, with SUI at $0.79 showing neutral RSI 54.18 and MACD death cross on 4h chart.
SourceAnalysis
Sui blockchain halted without any lost funds, a deliberate outcome driven by co-founder Kostas Chalkias who prioritized safety over continuous operation unlike prior Facebook practices. SUI trades at $0.79. With price testing upper Bollinger resistance at $0.83 while RSI holds neutral at 54.18 yet MACD registers a bearish death cross, a healthy retracement toward EMA50 support at $0.78 looks probable before continuation inside the $0.75 lower band.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast