2026-01-08 05:21:00

SUI/USDT this round of market movement is quite interesting. After reaching the intraday high of 1.9873, the price didn't go higher and instead started to weaken. On the 1-hour chart, you can see a relatively strong bearish candlestick that directly broke through several moving averages. Currently, the price is hovering around 1.7845, and the rebound momentum is clearly insufficient.

From the indicators, the situation remains somewhat weak. The MACD is below the zero line, with the green bars gradually enlarging, indicating that downward momentum still has room to move. The RSI has fallen to 38.59, which is already in the weak zone, suggesting a strong bearish atmosphere. Even the rebound appears feeble; at such times, it is often a good window to participate in short positions. If subsequent volume supports it, the bears may have further room to extend their move.

SUI6,07%

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GhostChainLoyalist

· 01-11 02:15

1.98 if it can't push up, you know something's wrong. This wave of bears is really aggressive.

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StableBoi

· 01-09 19:49

When it dropped to 1.98, I knew there was no hope. The rebound strength really couldn't hold up. The bears continue to eat, and if the volume doesn't pick up, it will break below directly.

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BearMarketMonk

· 01-08 05:50

1.98 couldn't hold this position, still need to see if 1.7 can stabilize Looks like the bears are really strong, even the rebound is difficult The MACD green histogram is getting thicker, there might still be hope for a decline Really? Another shorting opportunity? Damn, I'm about to get trapped again Around 1.7873 feels like it's going to break, this time we really need to be careful We've seen too many cases of weak rebounds, it's a routine If the bears really have momentum, breaking the level this time will be serious

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FloorPriceWatcher

· 01-08 05:39

The intraday high can't be pushed further, I know this pattern too well... Weak rebounds are really a signal, and the bears can still continue to press down.

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TestnetScholar

· 01-08 05:37

1.98 can't push higher, this is awkward. The rebound is weak, and the bears can still play around. It's the same old tricks with MACD and RSI, basically nobody is willing to take the bait. Waiting for volume? Otherwise, it's all just fake falls. Shorting window? I think it's okay, but don't bet too aggressively. Hopping around 1.78 repeatedly, it's really annoying.

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