Just noticed SUI getting hit pretty hard - down over 6% and sitting around $0.87 now. Volume's up though, which is interesting. The whole market's bleeding red today, so it's hard to tell if this is a legit trap trading setup or just part of the broader selloff.

Looking at the technicals, MACD is deep in negative territory and the RSI is at 26 - that's oversold territory. CMF showing strong money flowing out too. All pointing to bears in control right now. But here's the thing - when RSI gets that low, you gotta watch for a potential trap. Could bounce hard if we get some buying pressure.

Key levels to watch: if SUI holds $0.84 support, might see a relief rally back to $0.89-$0.91. Break below that and we could see it test lower levels. The trap trading angle here is real - early shorts could get squeezed if momentum flips. BTC and ETH also struggling (BTC $66.7K, ETH $2.05K), so SUI's probably following the broader market. Interesting setup to monitor over the next few hours.