$SUI Under Pressure Sellers Tighten Grip as Price Slips Below $3.40...
$SUI is currently showing renewed downside movement, with the price sliding toward key support levels amid increasing sell-side dominance.
After multiple failed attempts to hold above the $3.44–$3.45 range, SUI has turned bearish again. The rapid rejection and back-to-back red candles suggest weakening buyer interest and growing bearish momentum. The price is now approaching a critical zone around $3.39–$3.35, which previously acted as short-term support.
Technical Overview:
Key Support: $3.35 — breakdown below may trigger deeper downside
Immediate Resistance: $3.42 – $3.45
Trend Outlook: Bearish bias with downside risk building
Strategic Insight:
Sellers are clearly dominating the order flow, and if the $3.35 level breaks, it could open the door to further declines. Bulls must reclaim and hold above $3.42 to shift momentum. Until then, caution is warranted.