$SUI Short-Term Outlook (This Week)

★CoinCodex : Projects SUI trading between $2.78 (today) and $2.14 by June 30, a ~-23% drop from current levels.

★Changelly: Indicates a ~-17.7% move, potentially bottoming near $2.08 by June 26, with bearish technicals (RSI ~43, strong fear/greed index)

★CoinLore: Estimates a tighter range of $2.73-$2.83 over the next 10 days, centering near $2.78-2.81.

★CoinCheckup (via Coindcx): Sees next 24 h between $2.75-2.95, and this week within $2.85-3.20, assuming support holds above $2.60.

🔍Technical Levels to Watch

•Support: Around $2.60-2.75, closely watched by analysts; a drop below this zone could confirm more bearish action

•Resistance: Near $2.95-3.14, with upside potential to $3.20-3.40 if that range is convincingly broken.

🧭So, What to Expect?

1. Base Case (Neutral to Bearish): Trading between $2.60-2.90 this week. A dip to around $2.10-2.20 is possible per more bearish scenarios.

2. Upside Scenario: A breakout above $2.95-3.00 could push SUI to $3.20+, but that's less likely without strong market momentum or positive news (like ecosystem updates or broader crypto rally).

3. Downside Risk: A drop below $2.60 may trigger further weakness, possibly testing $2.10-2.20.

🧠 Analyst Sentiment

•Most short-term forecasts lean bearish to neutral, expecting sideways-to-down action this week.

•A minority anticipate a modest bounce toward $3.00+, but technical hurdles limit conviction.

⚙️What You Can Do

•Traders: Consider short-term trades near $2.60-2.80 with tight stops; watch for breakout above $3.00 for a potential long entry.

•Investors: Unless you have strong long-term conviction, this week appears volatile and not ideal for major buys.

•Watch the news: Any updates on Sui Network (DeFi, NFT, new partnerships) could quickly change the technical picture.

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