$SUI / USDT – BEARISH BREAKDOWN NEARS CRUCIAL SUPPORT ⚠️

$SUI plummets -10.01%, now trading at $3.0204 after breaking below both the 7-day and 25-day moving averages. The price is rapidly approaching the 99 MA, a key level that could determine the next trend direction.

📉 Technical Summary:

Current Price: $3.0204

24H Range: $2.9186 – $3.3717

MA(7): $3.2900 – broken

MA(25): $3.4176 – further above

MA(99): $2.9398 – acting as last line of defense

Volume: 98.08M SUI

📊 Trade Setup (Short-Term Bearish Bias):

• Entry: $3.00 – $3.05

• TP1: $2.9400

• TP2: $2.8467

• SL: $3.18

SUI is on watch for a decisive breakdown. If the $2.93 support gives way, expect another leg down. A bounce from this zone could offer a temporary recovery, but momentum favors sellers.

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