My people! Attention, attention! 📢 Today we are going to gossip about SUI, that cryptocurrency that has everyone wide-eyed. It turns out that this thing has been making moves on the chart that have those in the know raising their eyebrows. Get ready for the drama! 🎭

Imagine that the price of SUI has been trying to rise and rise, as if it wanted to reach the sky, but every time it hits $3.085, boom! It encounters an invisible wall and bounces back. This has happened three times, three times, folks! And those who know call this a "triple top" on the chart. It's as if the price is getting tired of trying and is about to pull back. 📉

According to Crypto Sat, an analyst who is very clear on X (formerly Twitter), this triple top pattern on the 15-minute chart of SUI does not look good at all. It's a sign that buying strength is waning and that bears (those who want the price to drop) could be taking control. Oh dear!

The gossip is that the Top 1, Top 2, and Top 3 formed close to $3.085, and the most concerning thing is that every time it went up, it did so with less enthusiasm! As if it were running out of gas. And on top of that, the price has already broken below $2.995, which was like the floor of the house for this pattern. It's serious business!

What does all this mean, friends? 🤔

  • Alert signal: Crypto Sat says that this triple top is a classic indicator that the bullish trend is running out of steam. The failed attempts to raise the price are wearing out the buyers.

  • Goodbye support: The drop below $2.995 is a key point. It's as if the rope that held the price has broken, and now there is more risk of it continuing to fall.

  • Upcoming stops: According to the analysis, the next levels where SUI could find a "floor" are between $2.92 and $2.87. Keep an eye on those numbers!

  • Scary volume: The price drop occurred with an increase in transaction volume, which for Crypto Sat is a sign that the bearish strength is gaining ground and that sellers are in control.

So, if buyers don't step up and invest quickly, SUI could visit the $2.85 to $2.87 zone in the blink of an eye. The structure of this drop is already well defined, so traders need to keep their eyes peeled to see if there's a rebound or if the selling pressure continues at full force.

Let's see what happens with this cryptocurrency! The suspense is intense! 🔥$SUI