$SUI
๐ SUI Price Update โ Wedge Breakdown to Downtrend
SUI recently formed a Rising Wedge, which broke down and shifted the trend from bullish to bearish. A Falling Wedge did appear, but the breakout failed โ showing bulls had weak momentum.
Right now, price is consolidating near $2.50 support after a strong sell-off. Market structure still favors bears unless buyers show real strength.
๐ Key Levels to Watch:
Resistance: $2.57 โ breakout needed to see recovery toward $2.62 โ $2.70
Support: $2.48 โ if broken, next leg down toward $2.42 โ $2.35
๐ Trend outlook: Bearish
โณ Momentum: Weak bounce, low volume
๐ Break $2.57 = short-term relief rally possible
๐ Break $2.48 = continuation of the downtrend
Risk management first. Donโt chase uncertain moves! ๐
Whatโs your target for SUI this week?
