BlockchainBaller
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$SUI Slides Below Key Level Is the Trend Breaking Down?
$SUI has broken below a short-term support near 3.60, extending its decline for the sixth consecutive red candle on the daily chart. Despite impressive yearly growth (+426%), recent price action shows the uptrend is under pressure, and buyers are beginning to lose control.
What’s Next?
If 3.50 fails to hold, SUI may head toward 3.30 and even 3.05
A relief bounce is possible, but price must reclaim 3.70 to restore bullish strength
Short Trade Setup
Entry: 3.55 – 3.58 (after weak bounce)
Stop Loss: 3.66
TP1: 3.30
TP2: 3.05
TP3: 2.85
SUI’s momentum has shifted from aggressive buying to reactive selling. Unless bulls step up near 3.50, the token could see further downside in the coming days. Watch closely for volume reaction around this zone.
$SUI has broken below a short-term support near 3.60, extending its decline for the sixth consecutive red candle on the daily chart. Despite impressive yearly growth (+426%), recent price action shows the uptrend is under pressure, and buyers are beginning to lose control.
What’s Next?
If 3.50 fails to hold, SUI may head toward 3.30 and even 3.05
A relief bounce is possible, but price must reclaim 3.70 to restore bullish strength
Short Trade Setup
Entry: 3.55 – 3.58 (after weak bounce)
Stop Loss: 3.66
TP1: 3.30
TP2: 3.05
TP3: 2.85
SUI’s momentum has shifted from aggressive buying to reactive selling. Unless bulls step up near 3.50, the token could see further downside in the coming days. Watch closely for volume reaction around this zone.
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