🔥 SUI at a crossroads: bullish trend in question🤷‍♂️

Sui (SUI) is currently trading at $3.63, holding positions above all key averages — MA-20 ($3.54), MA-50 ($3.57), and MA-200 ($3.18). This signals long-term strength, but the market currently shows a contradictory picture.

🚀 September gave SUI a strong boost:

listing on Robinhood for the US and EU,

additional liquidity from Bitstamp,

$2 billion TVL in DeFi,

strong institutional inflows and rising open interest in futures.

🔗 Trust is strengthened by new tokenomics: burning of fees, buybacks, and rewards for staking.

But technical indicators give mixed signals:

MACD bullish,

ADX indicates a weak trend,

RSI neutral,

Stoch RSI — overbought,

Awesome Oscillator — selling pressure.

⚖️ Forecast: baseline scenario — sideways or weak bearish movement.

Support: $3.54

Resistance: $3.71

📉 A downward breakout will open the way for a decline, but if SUI breaks $3.71 — bullish momentum may return with new strength.

#sui #defi #usa #CryptoNews #creatorpad $SUI

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