Based on the $SUI chart, the recent price action indicates a notable shift.
After testing higher values, it has seen a substantial correction, with selling pressure pushing the price lower.
While there have been minor bounces, the overall trend suggests a continued downward trajectory in the short term.
It's prudent to observe how it navigates these lower price levels, as sustained weakness could lead to further depreciation.
$SUI is showing a clear bearish trend.
The price has consistently formed lower highs and lower lows after a significant drop, indicating continued selling pressure.
Caution is advised as the chart does not yet suggest a strong reversal.