$SUI Coin Weekend Analysis. This only represents personal views.



After going through a round of consecutive pullbacks, the coin has now reached the most critical support level. If it breaks through, it will likely see a bigger upward move. If it breaks down, it may continue to pull back deeply, and the daily chart’s support level will be at play.

Now, with the recent Water mainnet experiencing 4 failures, investor confidence has been hit significantly. The sell pressure is still somewhat intense. You can see that every rebound is being suppressed, and it has been consolidating within a box range. Whether it breaks out in either direction is determined solely by the market. We only respond to market trends—don’t place bets on how the market will move.

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