$SUI $SUI The $SUI (SUI/USDT) chart is currently displaying a bearish trend. The price has been steadily declining over the past 24 hours, and the Bollinger Bands are contracting, indicating a period of low volatility.

Key Levels:

Resistance: The immediate resistance level is at 2.0104, followed by a stronger resistance level at 2.1329.

Support: The immediate support level is at 1.7873, followed by a stronger support level at 1.5642.

Entry Signal:

A potential entry signal for a short position could be generated if the price breaks below the 1.7873 support level. This would confirm a continuation of the bearish trend and increase the likelihood of further price declines.

Additional Considerations:

Volume: The 24-hour volume is relatively high, indicating strong selling pressure.

Market Sentiment: The overall market sentiment for SUI is currently bearish, which could further contribute to downward price pressure.#USElections2024Countdown #NovemberMarketAnalysis #TetherAEDLaunch #BTCMiningRevenue #Write2Earn!