Just a few days back, I mentioned that SUI was teetering on the edge, poised for a significant drop. Well, here we are, only 4 days later, and the charts are confirming exactly what we anticipated. SUI has taken a sharp dive, proving that the early signals we highlighted were spot on. The bears have stepped in, and the downward pressure is undeniable. Stay alert, as this could just be the beginning of more volatility ahead!
Opinion-
hereâs one more leg waiting for $SUI , aiming to sweep all the liquidity above $2.1 before a decisive drop. Once this liquidity grab completes, we could be looking at a substantial 35-40% correction, dragging prices down sharply. This setup suggests that while a brief surge might occur to collect liquidity from over-leveraged positions, a significant downtrend could follow right after, bringing strong bearish momentum into play.
