The short trend of SUI is at the top! The decline is accelerating and market sentiment is unprecedentedly pessimistic!
Judging from the K-line chart, SUI has continued to fall since hitting a high of 2.05, and the decline has gradually intensified. Although there were signs of a short-term rebound at the 2.02 line, it was obviously weak, and then it turned to continue its downward trend. The suppression of prices by short-term moving averages has become more and more obvious, a typical short pattern has been formed, and selling pressure continues to increase.
This round of decline shows a strong signal that short sellers are dominant, market sentiment has also turned significantly bearish, and buyer confidence is obviously insufficient. If the current SUI cannot break through the short-term moving average suppression, the short trend is expected to continue. Pay close attention to subsequent price trends and make steady arrangements to prevent downside risks!
Pay attention to Boshi, capture the key nodes of the market, and never miss the market storm again!
