🧐🚨$SUI /USDT at Support but Downtrend Persists....
Trend: Strong downtrend with consistent lower highs and lower lows.
Support Level: Temporary support found around $3.0361.
Current Price: Trading slightly above support at $3.07.
RSI(6): At 24.92 — indicates oversold conditions.
Volume: Spike during recent drop, followed by decreased activity — suggests weakening sell pressure.
Moving Averages (MA 7/25/99): All sloping down — bearish signal.
Candlesticks: Recent candles show consolidation, not a clear reversal.
Buy Decision: Not ideal to buy now; wait for bullish reversal or breakout above $3.12+.
Risk: Still high — potential for further drop or sideways movement without confirmation.