Is SUI on the tightrope or about to take off in an epic way? The drama is served! 📉⬆️

Attention, crypto community! Today the hot gossip is about SUI, the cryptocurrency that has everyone watching the chart. Will there be a nosedive or a bounce that will leave us speechless?

The Mystery of SUI's "Triple Top"

Imagine this: the price of SUI has tried to rise three times, as if wanting to touch the sky, but every time it gets close to $3.085, boom! It hits an invisible wall and bounces back. This pattern, known in slang as "triple top," is a warning sign for experts.

According to Crypto Sat, an analyst from X (formerly Twitter) who knows what he's talking about, this pattern on SUI's 15-minute chart does not look good at all. It's as if the buying force is running out of gas, leaving the way clear for the "bears" (those who want the price to drop) to take control.

Red Alert! The Floor is Broken

The most concerning thing is that SUI has already broken below $2.995, which was its key support point. This means that the rope holding the price has snapped, increasing the risk of further decline.

What does the analysis tell us?

* Weakness Signal: The triple top indicates that the bullish trend is running out of steam.

* Critical Support Broken: The drop below $2.995 is a sign of greater downside risk.

* Next Stations: Potential "floors" for SUI could be between $2.92 and $2.87.

* Worrying Volume: The drop is accompanied by an increase in transaction volume, reinforcing the idea that selling pressure is gaining ground.

If buyers do not take action quickly, SUI could visit the $2.85 to $2.87 zone in the blink of an eye. The structure of this drop is already marked, so traders should be super alert.

Will it be an epic bounce or will the decline continue? The suspense is burning! 🔥

#SUI #Cryptocurrencies #TechnicalAnalysis #CryptoTrading #TripleTop

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