$SUI Sui Forming Round Top ๐Ÿง ๐Ÿ“‰ | Warning Signs Emerge on the Chart โš ๏ธ๐Ÿ”„

๐Ÿšจ Sui is sending caution signals as a round top pattern takes shape on the charts โ€” often a classic reversal indicator. Traders are watching closely, as momentum appears to be slowing down ๐Ÿ“‰๐Ÿงฏ.

๐Ÿ“Š The RSI is flattening and hinting at weakening buyer strength ๐Ÿ”„๐Ÿ“‰, while the MACD shows signs of a bearish crossover ๐Ÿป๐Ÿง . These indicators are telling us that the recent bullish push might be losing steam โš™๏ธ๐Ÿ›‘.

๐Ÿ”ป Volume spikes are fading, and buy volume is declining while sell pressure increases ๐Ÿงจ๐Ÿ’ฃ. This shift in momentum is typical when a market tops out, and many are bracing for a potential downturn.

๐Ÿ’ผ On-chain data reveals whale distribution ๐Ÿ“ฆ๐Ÿ‹, with exchange balances rising โ€” indicating tokens are flowing back onto platforms, a signal often associated with incoming selloffs ๐Ÿ“ˆ๐Ÿฆโš ๏ธ.

๐Ÿ’ฌ Social sentiment is cooling ๐ŸงŠ, and wallet growth is slowing, further supporting the cautious outlook. The hype is waning, and smart traders are taking notice ๐Ÿง ๐Ÿ“‰.

๐Ÿšง The round top suggests Sui might enter a downtrend unless strong support holds the floor. Risk management is crucial here โ€” chasing pumps in this setup could end badly ๐Ÿ’€๐Ÿ“‰.

If momentum doesn't return fast, Sui may test lower support zones in the short term. Stay alert โ€” this oneโ€™s looking top heavy and may not hold up without serious buyer support. ๐Ÿงฑ๐Ÿ“‰

โš ๏ธ Not financial advice โ€” always DYOR ๐Ÿง ๐Ÿ“š