$SUI The 20-day EMA with a downward slope and the RSI in negative territory indicate that the bears have the advantage. Sellers will try to drag the price down to the support zone of $2.29 to $2, but buyers likely have other plans.

Bulls will attempt to stop the decline and push the price above the 20-day EMA. If they succeed, the SUI/USDT pair could rise to the 50-day SMA ($3.39). Such a move suggests that the correction may have ended. Sui

SUI

€2.42

surged sharply on Monday and reached the 20-day EMA ($2.94) on Tuesday, where the bears are presenting a significant challenge.