#SUİ Coin Crash Alert! The 3.2 support level is precarious and may trigger a new wave of selling!
The SUI coin candlestick chart shows that the current price is close to the key support level of 3.2; if it breaks down, it may lead to further declines.
In the KDJ indicator, the J value is as high as 113.63, indicating severe overbought conditions with strong correction demand. Although the MACD shows rebound momentum, both the DIF and DEA are still in negative territory, indicating an overall weak trend.
At the same time, during the decline, trading volume has decreased, indicating insufficient buying interest and a lack of market enthusiasm. Considering the technical indicators, support and resistance levels, and changes in trading volume, the SUI coin may continue to face downward pressure in the short term.
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