SUI Bearish Shift? Weekly RSI Drops Below 50%, Raising Alarm
SuiThis is one of the most watched cryptocurrencies as its weekly relative intensity index (RSI) is below the critical 50% threshold, which flickers the warning signal, which brings the cryptocurrency to a significant support level of $2.36.
This key technical indicator, mainly used to assess market momentum, shows a potential shift in sentiment from bullish to bearish. With RSI now saying that buying pressure is less, investor Don’t know: Is this the beginning of a long-term economy?
SUI Weekly RSI Breakdown: Signs of Weak Momentum
SUI has recently fallen below its weekly RSI, below the critical 50% threshold, indicating a shift in momentum, which has raised concerns among traders and investors. People with RSI below 50% usually indicate purchase pressure and a growing bearish dominance. This collapse could indicate that the seller is gaining control, which could lead to increased volatility and further downside risks.
This development is especially important for SUI, as cryptocurrencies have enjoyed a strong upward movement period and are now facing bearish risks. The RSI failure suggests that market enthusiasm for SUI may be waning, possibly opening the door to widening declines.
Furthermore, the price of SUI is now below 50% of the Fibonacci retracement, indicating a weakening of the bullish structure. As a result, sales pressures have increased, making it more challenging for buyers to regain control. If the price fails to recover this critical level, Bearish momentum It can continue to exist, pushing the assets to deeper support areas and confirming long-term corrections.
If the RSI remains on the downward trajectory, it can pave the way for a decisive decline in support levels below $2.36. This collapse could accelerate sales pressure and push Sui to a lower level Support area $1.59 and $1.42 strengthen the bearish outlook.
What’s next? Key triggers that can drive recovery
In order for Sui to regain bullish momentum, several key triggers must be aligned to drive Potential recover. A strong rebound in key support levels, especially near $2.56 or $1.42, could indicate that buyers are stepping in to defend the price. When this happens, sales pressure is expected to ease, paving the way for a reversal.
Another key element to watch is the 50% Fibonacci Reverse Resilience, and SUI has recently dropped. Decisively moving back to this level will make an update Bullish Strength and become an early sign of recovery. Additionally, an upside may occur once the RSI begins to form a bullish difference.
Broader market sentiment and macroeconomic factors will play a key role in SUI recovery. Bitcoin trends or shifts in overall cryptocurrency market dynamics could bring a rebound that would make Sui challenge Resistance level $2.82 and $3.50.
