SUI is showing a major pattern that warns of a possible strong fall if the $1.1052 level does not hold soon
A major 34% fall is likely if sellers take control and push below the support with weak buying signals
The trading volume is dropping, which lowers the strength of any bounce and adds risk for all current holders
The SUI price chart reveals a classic head and shoulders pattern, pointing to a potential downward breakout. If SUI drops under the $1.1052 mark, it could fall further toward $0.93 or possibly lower. A consistent decline in trading volume supports the possibility of price weakness in the coming days.
Source: X
Technical analysts observed this pattern on the daily chart, where a left shoulder, head, and right shoulder have clearly formed. Such patterns often forecast reversals from uptrends to downtrends when confirmed by a neckline break. Currently, the neckline stands firm near the $1.1052 support zone, making it a critical level to watch.
A recent chart shared by market watcher Ranarjay Singh outlines the bearish structure forming on the Binance SUI/USDT pair. The yellow neckline marks the pattern’s lower boundary, while a descending trendline cuts through the peaks of the right shoulder. This combination signals compression that often precedes a breakout, either upward or downward, depending on volume and sentiment.
Volume Decline Raises Questions About SUI’s Price Strength
Market volume plays a critical role in confirming or invalidating price action within any chart pattern. In the case of SUI, volume is gradually decreasing as the price continues to squeeze toward the triangle apex. Lower volume during the formation of a head and shoulders pattern typically suggests weakening buyer momentum.
The observed decline in SUI’s trading activity adds further risk to holders watching the $1.1052 mark. If that key level breaks, the resulting move could trigger a rapid 34.85% decline to approximately $0.93. This downside target aligns with historical support levels where buying interest previously emerged.
A lack of volume on any bounce attempt would also signal a weaker recovery, limiting chances for bullish reversal. Traders often require increasing volume during a breakout to confirm the direction and strength of the next trend move. Without that, even a brief rally above the neckline could prove to be a false breakout or bull trap.
Despite short-term rebounds, pressure remains toward the downside. The chart shows lower highs forming consistently since the peak at the "Head," confirming selling presence across recent sessions. Sellers are dominating each upward attempt, with resistance tightening above.
What Happens If SUI Crashes Below Support?
Traders now face a key technical question: Will SUI hold above $1.1052, or collapse toward new lows? Should the neckline break, sellers may accelerate positions, pushing the price sharply to the next support zone near $0.93. This potential fall would represent a 34.85% loss from current levels, according to the chart’s risk zone.
The setup also defines a favorable risk-to-reward structure for short-side traders watching the triangle. Green and red zones highlight areas of potential gain or loss depending on the trade direction. Buyers hoping for a reversal must watch for increased volume and a break above the descending trendline.
