🔥$SUI is consolidating with a bearish bias right now.
Volume: Big volume spikes on the recent drops (like 380M+ on key declines), showing real selling pressure. But latest candle? Super low volume (~89k), looks like sellers are exhausted – classic dip fatigue.
Capital flow: 24h contracts -4.5M (outflows, bearish for futures), but spot slightly positive (+787k) with some short-term inflows (1H +6M). Longer-term though (7D -93M), overall outflows still dominant.
Overall: Cautiously bearish– outflows in futures + heavy selling volume outweigh the minor spot dip-buying. Watch for reversals if momentum flips.
$SUI Short on rallies**:
Entry near resistance ~1.596 USDT if rejection shows (bearish candle, low volume pump).
Or $SUI long only on confirmed break above ~1.551 with solid volume.
Targets: Shorts to 1.318.. Longs could hit ~1.739 if bullish momentum kicks in. #Sui #SUIUSDT #SuiNetwork {future}(SUIUSDT) {future}(LIGHTUSDT) {future}(NIGHTUSDT)
Solana has overtaken Ethereum in annual revenue, and the gap is estimated to grow to $1.4 billion versus $522 million.
👉 Solana founder Anatoliy Yakovenko said that the future of first-level blockchains depends not on narratives, but on real revenues and execution efficiency. $SOL {spot}(SOLUSDT)
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