The
$SUI daily chart shows an inverted cup and handle pattern, suggesting a potential downward move if bullish momentum weakens. A breakdown below the $2.66 support could lead to a further decline toward $1.651.
Technical indicators, including a recent death cross and a struggling Money Flow Index (MFI), reinforce the possibility of bearish pressure. However, the broader crypto market remains bullish long-term, which could influence #SUI trajectory.
Additionally, upcoming developments in the SUI ecosystem may introduce volatility. While the pattern and indicators point to downside risk, market conditions and external factors could shift the outlook.
16
3
2
2
2
2
2
2