Overview

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Hace 21 horas SUI trades below the 20-day SMA with MACD showing mounting bearish momentum. Analysts cite a bullish setup forming if SUI holds the $3.30 support zone. Volume SUI’s technical analysis shows a formation of bearish divergence on a momentum indicator. On-chain data suggests a bearish outlook for SUI as the long-to-short Is SUI Stuck in a Bearish Cycle? The ongoing downside correction of SUI could push the price down toward the $3.21 level. A death cross formation might trigger the Hace 1 día Break below risks test of $3.14 swing low; Volume: 19% spike during May 30 flash crash shows vulnerability to whale moves; The descending channel from May highs suggests SUI, the native token of a Layer-1 blockchain, has recently experienced a steep price decline, dropping by more than 30% within the last month. As a result, traders and Hace 20 horas SUI price prediction highlights bullish potential from DeFi growth and staking, but faces risks from token unlocks, market volatility, and low adoption. Sui Network is one of the hottest new blockchains launched in 2025. Upon launch, the token’s price spiked The Relative Strength Index (RSI) has shown a bearish divergence (green) and dropped below the 70 threshold. While the Moving Average Convergence/Divergence Will the $0.80 support absorb the increasing selling pressure to prolong the bull run in the SUI token and reclaim $1? As the crypto market crash takes a break, the SUI

SUI Continues on Bearish Path, But Could a Test of $0.58 Be Imminent?

SUI, the native token of a Layer-1 blockchain, has experienced a significant price decline recently, dropping over 30% in the last month. This steep drop has left traders and investors wondering: Is SUI Stuck in a Bearish Cycle?

Technical analysis paints a concerning picture. Hace 21 horas, it was reported that SUI trades below the 20-day SMA, with the MACD showing mounting bearish momentum. Furthermore, SUI’s technical analysis reveals a formation of bearish divergence on a momentum indicator. The Relative Strength Index (RSI) has also shown a bearish divergence (green) and dropped below the 70 threshold.

On-chain data suggests a continued bearish outlook for SUI, although analysts are cautiously optimistic. They cite a bullish setup forming if SUI holds the $3.30 support zone (although current prices are far below this mark, highlighting the severity of the recent decline). A death cross formation might trigger further downside.

The descending channel from May highs underscores the ongoing bearish trend. Hace 1 día, a break below risks a test of the $3.14 swing low. Should the bearish pressure continue, the ongoing downside correction of SUI could push the price down toward the $3.21 level (again, significantly higher than current prices, making a retest of these levels unlikely in the immediate future).

Volume SUI's trading volume provides further insights. The 19% spike during the May 30 flash crash shows its vulnerability to whale moves. Will the $0.80 support absorb the increasing selling pressure to prolong the bull run in the SUI token and reclaim $1? As the crypto market crash takes a break, attention is focused on potential support levels.

The $0.58 Question: While the overall trend remains bearish, the possibility of a near-term test of the $0.58 level cannot be ruled out. This level could represent a point of temporary consolidation or a potential bounce if buying pressure emerges. However, breaking below this level could lead to further losses.

Hace 20 horas, a SUI price prediction highlighted bullish potential from DeFi growth and staking, but also cautioned about risks from token unlocks, market volatility, and low adoption. Sui Network, launched in 2025, initially saw a price spike upon launch, but that momentum has clearly faded.

Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Always conduct your own research before investing in cryptocurrency.

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