SUI Technical Chart Summary (First Image):
Current Price: $3.1648
Resistance Area: ~$3.30–$3.33 (recent high)
Support Zone: ~$3.00 (psychological and MA support)
Indicators:
Price recently rejected from $3.60+ and is now forming a lower high, suggesting short-term correction or consolidation.
The 7-day MA is currently above the 25 and 99 MAs, but slope is turning flat to negative—warning of weakening momentum.
Volume is decreasing, showing loss of bullish strength for now.
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💰 Order Flow & Money Flow (Second Image):
Sell Pressure > Buy Pressure:
Buy orders: 201.53M XRP
Sell orders: 219.55M XRP → Net Outflow: -18.01M XRP
Major Selling from Large Wallets: Large sellers are slightly outweighing large buyers.
Margin Data:
Debt Growth: Climbing slightly, suggesting cautious leveraged activity.
Long-Short Ratio: Not clearly visible, but likely shifting given pressure.
✅ What to Expect in the Coming Hours:
Short-Term Bearish Bias:
Expect a possible pullback to $3.05–$3.00 zone if the price breaks current minor support.
The formation hints at a descending triangle or cool-off consolidation after strong rally.
If Buyers Return:
Watch $3.20–$3.25 zone. A breakout above that with volume may retest $3.33, then $3.60+.
Key Support/Resistance to Watch:
🔻 Support: $3.05 / $3.00
🔺 Resistance: $3.25 / $3.33 / $3.60
🧠 Strategy Tips:
Scalpers: Look for short entries below $3.15 toward $3.05.
Swing Traders: Wait for confirmation of bounce or breakdown from $3.00.
Risk Management: Avoid large leverage. The market is cooling down after a pump—volatility may increase.