The traditional market analysis indicates that the price of Sui crypto is showing signs of bearishness, with a potential break from its head-and-shoulder formation. If the price dips below the neckline support at $2.77, it could confirm a breakdown and lead to a market decline. Despite this, Sui crypto has performed well, with a 6% increase in the last 24 hours, likely due to investors allocating capital before the anticipated price break. The current price of Sui is $3.01, with a market capitalization of $9.31 billion. The formation of the head and shoulder pattern suggests a bearish shift in Sui price trends. The neckline support at $2.77 has been historically important. A breakdown below this level would encourage market selling, with the next support at $2.50. However, if buying interest returns and defends the neckline, it could trigger a price recovery. The resistance range for a bullish scenario is between $3.20 and $3.50.



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