$SUI ‌

the current momentum is strongly bearish. Here is a quick breakdown of what the technicals are showing:
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​🔴Price Action: SUI has experienced a sharp drop from its recent high of 0.9604, currently sitting at 0.9170 (down 2.50%).
​Moving Averages: The price is trading well below the MA5, MA10, and MA30. The "Death Cross" (shorter MAs crossing below the longer ones) confirms a downward trend.
​MACD: The MACD lines are widening in a downward slope, and the histogram bars are getting longer and redder. This suggests that the selling pressure hasn't bottomed out yet.
​Key Levels
​Immediate Support: The recent wick low at 0.9130. If it breaks this, the next psychological floor is 0.9000.
​Resistance: 0.9240 (MA5). It would need to reclaim this level just to stabilize.
​Personal Take: Entering a "Buy" right now is catching a falling knife. It’s safer to wait for a green candle to close above the MA5 or for the MACD to start flattening out before looking for a reversal.
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