$SUI Empty Empty Empty 📉
SUI directly broke through the lower Bollinger Band, KDJ formed a death cross plunging into the oversold zone, and the volume-driven dive is unstoppable. The bulls have no resistance, and the short-term bears are fully in control, continuing to explore lower levels.
Activity on the SUI ecosystem chain has sharply declined, funds are continuously flowing out with no support from the market, combined with a weakening overall market, and are being pressed down and rubbed against the ground.
Technical analysis on the 1-hour chart: The lower Bollinger Band has been broken,