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SUI Price Prediction: Bears Control Market As EMA Ceiling Blocks Every Rally Attempt

20h ago
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  • SUI price today trades near $1.78, struggling after repeated rejections from the descending trendline and key EMAs.
  • Coinglass data shows $6.61M in outflows, extending months of distribution as traders continue reducing exposure.
  • Losing $1.65 support could open the path toward $1.50, while a recovery above $2.00 is needed to confirm stabilization.

SUI price today trades near $1.78, sitting at its lowest level in weeks after a sharp drop through intraday support. The decline follows persistent negative spot flows and another rejection from the descending trendline on the daily chart.

Spot Outflows Spike As Liquidity Leaves The Market

SUI Netflows (Source: Coinglass)

Coinglass data shows $6.61 million in net outflows on November 14, extending a long run of negative sessions. Outflows have dominated since late September, and the scale of recent withdrawals reflec…

Read The Full Article SUI Price Prediction: Bears Control Market As EMA Ceiling Blocks Every Rally Attempt On Coin Edition.

20h ago
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bearish:

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