$SUI is currently trading around $0.90 on Binance 📉
The market shows a long-term bearish trend after dropping from the $5.36 high. Price is now moving near a psychological support zone around $0.88–$0.90.
Reasons:
• Continuous lower highs and lower lows on the 3D chart indicate bearish momentum.
• MACD is still near the negative zone, showing weak buying pressure.
• Price is consolidating near support, which could lead to either a short-term bounce or another breakdown.
Key levels to watch:
Support ➜ $0.88 – $0.85
Resistance ➜ $1.05 – $1.30
If buyers defend the support, a short-term recovery may happen. But losing this support could push the price lower.
SUI
0.9856
-2.58%
📊