$SUI
🚨 Sui Price Prediction: SUI Drops 11% as Investors Shift to Vote-To-Earn Meme Coin 🚀 🚨
The price of SUI dropped more than 11% in the last 24 hours, trading at $4.58 as of 6:25 a.m. EST. Investors are trimming their positions in the altcoin. 📉
Despite the pullback, SUI remains over 10% in the green for the week. 📈
Sui Price at a Critical Support Level 🛑
Currently, SUI is testing the $4.5061 support level (according to GeckoTerminal). If it drops below this, it could fall further to $3.9794. 🚨
However, if SUI closes today above $4.5061, the bearish trend might reverse, and the price could target $4.9450. A continued bullish push could even drive SUI up to $5.3620 in the short term! 💥
Bearish Momentum Could Be Just Beginning 🐻
Looking at technical indicators, the SUI price drop may not be over. The MACD and RSI suggest further weakness ahead:
MACD is close to crossing below the signal line, signaling a potential bearish cycle. ⚠️
RSI has weakened recently, showing that buying pressure is fading. Although it's still above 50, the downward trend suggests sellers may soon dominate. 😬
If the bearish trend continues, SUI could fall below the $4.5061 support, potentially hitting $3.9794. ⚡
New Meme Coin Frenzy: Investors Rush to Flockerz (FLOCK) 🚀
While SUI's future looks uncertain, investors are flocking to a new meme coin presale: Flockerz (FLOCK). 🦊 An analyst from 99Bitcoins YouTube Channel (706K+ subs) believes FLOCK has the potential to soar 100X after its launch! 📈🔥
Stay tuned, the crypto market is full of twists! 🌪️
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