#MarketPullback
This coin has the potential to surprise because of the strong support from well-known venture capitalists and reputable market makers, but it seems too hot to continue growing without a correction.
The bearish crossover of the MACD EMA actually indicates that the correction has already started. Additionally, there is a notable bearish divergence in the RSI, which supports the idea of a pullback.
Furthermore, a lot of investors may now start to lose faith in SUI after being enticed by its enormous pump. A chain reaction of selling pressure might occur if SUI falls below the crucial support level:
The liquidation of leverage positions.
Orders for stop-loss were initiated.
I predict a significant correction that may push the price down to $2 based on these indications.
Important benchmarks to monitor: If SUI falls below $3.20, there's
