đ¨ $SUI/USDC is down 11.72% to $3.0972 , just before a 44M SUI token unlock ($154M) on June 1! đ The chart shows heavy sellingâprice below EMAs, MACD bearish, but RSI is nearing oversold. Is this a pre-unlock dip or more to come?
Unlock Trends & Insights:
- June 1 unlock: 44M SUI (1.32% of supply)âsmaller than Mayâs 74M ($267M+), but momentumâs shaky after the Cetus hack.
- Past unlocks: Oct 2024 saw a dip then 8% rise; early 2025 unlocks tanked price 50% amid market fears.
- SUIâs fundamentals: TVL at $1B+, 160M+ accountsâstrong adoption could absorb this unlock.
Trader Tips:
- Watch $3.0817 supportâoversold RSI hints at a bounce.
- Wait for post-unlock stability; a break above $3.1848 (EMA(7)) could signal recovery.
- Hedge positionsâvolatility expected with this unlock!
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