The cryptocurrency SUI is struggling to maintain its price above the $4 mark, which serves as a key battleground for buyers and sellers. The increasing bearish pressure suggests a potential drop below $4. The price trend shows an ongoing correction phase, with a demand zone below $3.50 and a supply zone above $4.80. The current pullback has resulted in an 18% drop from the all-time high, and the price is testing the 200 EMA line for support. A negative crossover between the 50 and 100 EMA lines indicates bearish pressure, and the price is facing resistance from a trend line. If the price closes below the 200 EMA line, there is a higher likelihood of a retest of the support trend line near $3.65. On the bullish side, a breakout above the channel pattern could challenge the overhead supply zone and inspire optimism among traders.



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