$SUI 📊 SUI Market Snapshot (Today)
SUI is trading around $1.40 – $1.45 and slightly down in the past 24 h, showing continued weak momentum.
Volume has decreased recently, signaling lower short-term trading activity.
📉 Technical Outlook
Most technical indicators show a bearish trend, with moving averages and sell signals prevailing.
Price remains below key resistance levels, suggesting downside risks may persist unless there’s a stronger market catalyst.
📈 Key Drivers & News
Multiple SUI ETF filings (including Bitwise’s S‑1) highlight rising institutional interest, potentially supporting future demand.
Despite bearish sentiment, ecosystem development (DeFi growth, tool evolution) keeps moderate long-term interest alive. #WriteToEarnUpgrade #USJobsData #CPIWatch #USCryptoStakingTaxReview #BinanceAlphaAlert
