$SUI /USDT is currently locked in a high-stakes corrective phase as price trades near 1.4177 USDT on the 4H timeframe, reflecting a 3.18% daily decline and signaling sustained distribution pressure after failing to hold higher levels, with the broader structure still leaning bearish as price remains decisively below MA(7) at 1.4483, MA(25) at 1.4337, and especially MA(99) at 1.5407, which continues to slope downward and act as a dominant trend ceiling; the rejection from the 1.49–1.50 region confirmed a lower high, reinforcing the bearish market structure that began after the sharp sell-off from the 1.60 peak, while the recent bounce from the 1.3268 swing low now appears corrective rather than impulsive, as buying strength failed to reclaim key moving averages and momentum has once again stalled; volume remains active but lacks decisive expansion on green candles, suggesting demand is reactive rather than aggressive, and with price now slipping back below the 1.435 pivot zone, the market is effectively signaling vulnerability toward a retest of the 1.40 psychological level, followed by the 1.37–1.35 demand band if weakness persists; however, this area is technically sensitive, as any strong defense accompanied by a volume spike could produce a short-term relief push back toward 1.44–1.46, though such a move would still be considered a lower-high attempt unless SUI decisively reclaims and holds above the MA(25); overall, SUI is in a compression zone where sellers retain structural control, bulls are on the defensive, and the next directional expansion will likely be sharp, making this a critical phase where confirmation, not anticipation, will determine the winning side.
SUIUSDT
Prep
1.4318
-1.58%