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SUI Faces Bearish Pressure: Technicals Point to Potential 20% Drop Toward $2.90
SUI Faces Bearish Pressure: Technicals Point to Potential 20% Drop Toward $2.90
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[TRADE_PLUGIN]SUIUSDT,SUIUSDT[/TRADE_PLUGIN]
SUI News -
SUI is showing bearish momentum as technical indicators suggest an 18% decline to $2.90 could materialize in the next five trading sessions. This downward movement appears driven by broader market headwinds rather than SUI-specific fundamentals.
Traders are monitoring the $2.90 support level closely, as its breach could determine whether sui finds stability or extends losses. Such volatility remains typical for layer-1 tokens amid fluctuating network metrics and developer activity.
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