Sui is experiencing a consistent decline, confirmed by its third consecutive week of closing in red. Currently priced at 3.30 USD, it faces bearish market conditions.
The triangle pattern suggests potential further losses, forecasting a target price of around 2.71 USD. Recent unlocks have increased supply, impacting price stability.
Resistance is noted at 3.60 USD and 3.80 USD, which can pose challenges if SUI attempts recovery amid increased supply from upcoming token unlocks.
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