$SUI 📉 SUI/USDT Technical Breakdown: Key Support & Resistance Levels đŸ”đŸ”„

SUI is currently trading around $2.6818, showing a -4.18% drop today. The bears are clearly in control — but let’s break down the key support and resistance levels to watch next! ⚠

đŸ”» Support Levels:

đŸ§± $2.29 → Strong historical support. Price bounced here recently, showing buyers are stepping in.

📉 $2.00 Psychological Support → If $2.29 breaks, this round number could act as a psychological floor.

đŸ”ș Resistance Levels:

⛔ $2.90 → Previous rejection area, marked by a visible limit sell order. Strong near-term barrier.

📊 EMA(25) at $2.97 → Acts as dynamic resistance. Bulls must break this to reverse the trend.

🧠 EMA(99) at $3.12 → Major resistance from the higher timeframe. Bullish confirmation only if we reclaim this.

📉 Trend Analysis:

EMA(7), EMA(25), and EMA(99) are all sloping downward, signaling strong bearish momentum 🚹

MACD and volume are also bearish — no bullish crossover yet ❌

📌 Conclusion: SUI is stuck in a downtrend, and while it may bounce from support zones, upside is limited unless it breaks $2.90+ with volume. Watch carefully — fakeouts are possible! Stay sharp, stay smart. 🧠📊

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