$SUI Breaks Below Key Level, Is a Trend Crash Imminent?
$SUI has broken below short-term support near 3.60, extending its decline with a sixth consecutive bullish candle on the daily chart. Despite an impressive annualized gain (+426%), recent price action suggests the uptrend is facing pressure and buyers are losing control.
Where's Next?
If 3.50 fails to hold, SUI could fall towards 3.30 or even 3.05.
A rebound is possible, but the price must reclaim 3.70 to resume bullish momentum.
Short Trade Setup
Entry: 3.55 - 3.58 (after a weak rebound)
Stop-loss: 3.66
TP1: 3.30
TP2: 3.05
TP3: 2.85
SUI's momentum has shifted from aggressive buying to passive selling. Unless bulls gain a foothold near 3.50, the coin could see further declines in the coming days. Pay close attention to the volume reaction around this area.