2025/6/6 #SUI $SUI Current trend assessment: fall trend

Key Indicator Analysis:
1. Price Trend:
From the peak of 3.7115 on May 29, it continuously fell to the low of 2.9150 on June 6, with a decline of 21.5%.
Recently, although there was a brief rebound (such as reaching a high of 3.3701 on June 1), it failed to break the previous high and continued to decline thereafter.
2. EMA Indicator:
The fast line (ema_fast) has been consistently below the slow line (ema_slow), indicating a bearish arrangement.
Latest data ( 2025-06-06 00:00 ) shows: ema_fast=3.0986 < ema_slow=3.1868
3. MACD Indicator:
The histogram ( macd_histogram ) continues to be negative, with the latest value being -0.02847.
Both DIF and DEA are below the zero axis and continue to fall.
4. Volume Analysis:
Significant volume increase accompanied by a fall (e.g., on June 5 at 20:00, a transaction of 587 million)
The trading volume shrinks relative to the rebound, indicating insufficient buying pressure.
5. RSI Indicator:
Latest RSI=22.71, in the oversold area
But there has not yet been a clear bottom divergence signal.
6. StochRSI Indicator:
K value = 0.755 close to 0, D value = 1.711, showing extreme oversold
But a golden cross buy signal has not yet formed.
Short-term trend prediction:
Although the indicators show oversold conditions, the downtrend will continue without a clear reversal signal. Attention is needed:
1. Can support be formed near 2.90?
2. Has MACD shown a bottom divergence?
3. Is the trading volume rebounding after shrinking at a low level?
Operation Suggestions:
Holders should consider setting stop losses, while those who have not entered the market are advised to wait:
RSI returns above 30
MACD golden cross occurs
The price breaks through the recent downtrend line.
Consider building positions in batches afterwards.