$SUI /USDT BEARS IN CONTROL AS PRICE SLIDES BELOW KEY EMAs—FURTHER DOWNSIDE POSSIBLE!
Immediate Market Move:
$SUI is under heavy selling pressure, down -4.56% and trading around $2.63, just above its 24h low of $2.6131. The price is now firmly below all critical EMAs — EMA(7): $2.6793, EMA(25): $2.7230, and EMA(99): $2.8110 — confirming short-term and medium-term bearish momentum. Without a strong rebound above $2.68, bears are likely to push for a deeper correction.
Trade Setup:
Entry (Short): $2.63
Targets (TP): $2.58 / $2.50
Stop Loss (SL): $2.6850
Market Outlook:
With weakening bullish interest and volume pressure building on the sell side, may continue correcting unless it reclaims the $2.68-$2.72 resistance zone. For now, the market structure favors sellers as confidence dips below key technical supports.
#SUI #CryptoBearish #AltcoinAlert #ShortTrade #Binance
buy and trade here on $SUI