SUI Price at a Crossroads: Will It Break Through $3.47 or Fall Further?

[TRADE_PLUGIN]SUIUSDT,SUIUSDT[/TRADE_PLUGIN] SUI News - SUI's price has declined 3.11% to $3.25 amid rising trading volume, signaling mixed sentiment among traders. The 16.59% surge in volume to $1.21 billion contrasts with the 14.33% weekly drop, reflecting a bearish short-term trend despite growing investor interest. Technical indicators paint a cautious picture. The RSI at 40.05 suggests sui is oversold, while the MACD maintains its bearish momentum. Analysts eye $3.47 as a critical resistance level—a breakout could propel prices toward $3.56-$3.60, but failure to hold $3.108 support may trigger further declines. Market observers await confirmation of a five-wave upward pattern to validate bullish potential. The token's roadmap remains viable above key support levels, though alternative-wave patterns loom if selling pressure persists.