Sui ($SUI ) is trading near $0.80 under bearish pressure, down roughly 23% over the past month.
Technicals: Market sentiment sits in "Extreme Fear" as SUI trades below its 50-day ($1.01) and 200-day ($0.86) moving averages. Key support sits at $0.76–$0.78 (with major downside risk to $0.65), while bulls need to reclaim $0.90 to spark a recovery.Bearish Drivers: Sui's DeFi Total Value Locked fell 22% over the past month to ~$413 million, and native wallet Suiet announced it is shutting down support after November 14, 2026.Bullish Drivers: DeFi protocol Aftermath recently launched atomic basket orders across 20 perpetual markets, and year-over-year network transactions continue to grow.
#USPPIMissMayEaseBTCPressure #WhatWillDriveCryptoandStocks’NextRebound? #BitcoinBreaksBelow200WeekMovingAverage #SpaceXTeslaMergerTalksWouldCombine30220BTC #SUİ
Technicals: Market sentiment sits in "Extreme Fear" as SUI trades below its 50-day ($1.01) and 200-day ($0.86) moving averages. Key support sits at $0.76–$0.78 (with major downside risk to $0.65), while bulls need to reclaim $0.90 to spark a recovery.Bearish Drivers: Sui's DeFi Total Value Locked fell 22% over the past month to ~$413 million, and native wallet Suiet announced it is shutting down support after November 14, 2026.Bullish Drivers: DeFi protocol Aftermath recently launched atomic basket orders across 20 perpetual markets, and year-over-year network transactions continue to grow.
#USPPIMissMayEaseBTCPressure #WhatWillDriveCryptoandStocks’NextRebound? #BitcoinBreaksBelow200WeekMovingAverage #SpaceXTeslaMergerTalksWouldCombine30220BTC #SUİ
