!! Emergency Notice !! Emergency Notice !!

!! All SUI holders must read this !!

Based on SUI's performance in recent days, as a public chain, it has been struggling since breaking new highs, showing a trend of descending steps, with one bullish candle piercing through three bearish candles; every time it gathers strength, it tries to push up with a large bullish candle, but the results have been unsatisfactory.

SUI has a strong bullish market structure. Since mid-September, it has been in an upward trend, but signs of a rebound only appeared in August.

Since April, this altcoin has been in a downtrend with very low trading volume. In August, the trend in trading volume changed dramatically. The influx of funds was evenly matched, but in September, the bulls won, and since then, SUI has not looked back.

Sui's price prediction is bullish in the long term, but some volatility may occur in the short term. Lower time frame analysis shows that the 23.6% Fibonacci extension level of $2.81 is a key support area. A deeper retracement below $2.81 would tilt the lower time frame towards bearish, but the daily chart will still be bullish. The MFI shows strong bullish momentum with no bearish divergence.

So everyone, don't rush to buy in; wait for the support level around $2.8 before making a decision, as that is a rational thought process for an investor!

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