Technical analysis by CryptoNikkoid about Symbol SUI: Sell recommendation (6/1/2025)

SUI is following the broader altcoin market and entering a correction phase. As shown in the chart, SUI has already broken through two key support levels and is now hovering just above a critical support at $2.95.If this level fails to hold, the next major support lies within my green box at $2.20 — which could present a strong buying opportunity.However, proper risk management is essential — make sure to place your stop losses accordingly.DYOR (Do Your Own Research).#SUI #Altcoins #CryptoCorrection #SupportLevels #BuyTheDip #CryptoTrading #TechnicalAnalysis #DYORDYORSUI is doing what we expected and we reached our buy zone. Now as explained $2.95 must hold, and the end of the week will answer to this question. I think that this week end we might see a bottom/The price dropped to $2.90 as expected, found support, and was rejected from lower levels. However, I don’t believe this is the final bottom yet — another test is likely if Bitcoin faces rejection at the resistance zone around $106K.