The price of SUI has declined by more than 3.5% in the last 24 hours, bringing its market cap to $13.4 billion and ranking it as the 14th largest cryptocurrency. Technical indicators such as the Chaikin Money Flow (CMF) and the Average Directional Index (ADX) suggest a bearish trend with growing selling pressure. The CMF has turned negative, indicating a shift in market sentiment and reduced investor confidence. The ADX has risen, signaling a strengthening trend within the ongoing downtrend. The EMA lines also indicate a bearish setup, with a death cross forming. Key support and resistance levels will play a crucial role in determining whether the trend continues or reverses.



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