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SUI price drops as potential death cross signals more losses

SUI’s price has fallen over 3.5% recently, leading to a market capitalization of 13.4 billion USD. Technical indicators, including the Chaikin Money Flow and Average Directional Index, reveal a growing bearish trend, emphasizing substantial selling pressure.

Key support levels are at 4.38 USD and 4.11 USD, crucial for determining future price movements. The investor sentiment is turning negative, as reflected by a declining CMF value, indicating ongoing challenges for SUI’s market performance.

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