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BTCC / BTCC Square / Global Cryptocurrency /
SUI Faces Bearish Pressure as Key Indicators Signal Downward Trend

SUI Faces Bearish Pressure as Key Indicators Signal Downward Trend

Global Cryptocurrency
Author:
Global Cryptocurrency
Release Time:
2025-08-07 04:22:11
0
[TRADE_PLUGIN]SUIUSDT,SUIUSDT[/TRADE_PLUGIN]
SUI News -

SUI's price has fallen below $3.5, breaking its ascending trendline and indicating a potential shift from bullish to bearish momentum. On-chain data and derivatives metrics support this outlook, with Spot Taker CVD trending downward and short positions reaching a one-month peak.

The long-to-short ratio stands at 0.63—the lowest in over 30 days—reflecting increased bearish sentiment among traders. Technical indicators further suggest weakening momentum, pointing to a likely short-term correction for SUI.

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