Price tried to move up but got strongly rejected from the 1.8–2.0 resistance zone, where sellers clearly stepped in. After that rejection, the market turned bearish again and started dropping fast. Right now, price is moving toward the 1.30–1.35 support area, which previously acted as a buying zone. RSI is also going down, showing weak momentum. If this support holds, we may see a bounce; if it breaks, further downside is likely.
SUIUSDT
Perp
1.4416
+0.31%