$SUI
SUI to $1.50? 20% Drop Incoming?

After a stunning 100% rally, SUI's momentum is showing signs of fatigue. With declining trading volumes and market activity, we predict a potential 20% drop to $1.50 within the next 24 hours.SUI's impressive run has tripled its market capitalization to over $5 billion, but technical indicators suggest a reversal. The Chaikin Money Flow (CMF) has entered negative territory, indicating selling pressure, while the Relative Strength Index (RSI) has dropped below a key signal line.

The token's open interest has also declined 10% in 24 hours, from $560M to $450M, signaling cooling interest. However, some analysts see this as a buying opportunity, with SUI selling 220% below its expected price for next month.

Support levels at $1.70 could provide a temporary cushion, but a break below this level could accelerate the downturn. On the flip side, a bounce back above $2 could reignite the upward momentum.

What's your take on SUI's next move? Share your predictions in the comments!

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