$SUI

📉 SUI/USDT Technical Analysis – 4H Chart

SUI shows a weakening trend after facing rejection near the 3.32–3.34 resistance zone. Price is consolidating with bearish bias, indicating potential for further downside.

Key Observations:

🔸 Trend: Sideways-to-bearish

🔸 Resistance: $3.32 – $3.34

🔸 Support: $3.17 and $3.05

🔸 MA Analysis:

MA(7) crossed below MA(25) – bearish crossover

Price staying below 99 EMA – downtrend intact

🔸 MACD: Bearish momentum increasing (red histogram widening)

🔸 RSI: 41.8 – neutral but leaning bearish

🔸 OBV: Reflecting sustained outflow – no sign of accumulation

🔸 Volume: Decreasing on upswings, confirming weak buying pressure

Bias: 🔻 Bearish

Possible Move: Breakdown toward $3.17, followed by $3.05 if BTC remains weak

📌 Invalidation: If price breaks and holds above $3.34 with volume, bias turns neutral-to-bullish.

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