Technical analysis by benjihyam about Symbol SUI: Sell recommendation (6/13/2025)

All of crypto is about to fall significantly, most people just don't realize it yet. Many alts will fall 50%+, and coins like SUI and XRP that people feel safe in, won't escape the bearish move. Just looking at the chart, we can see that SUI broke upwards in August of last year and topped in January, and has since retested resistance at $4.05 and rejected-- forming a large lower high. It makes the most sense to me that we will now see price retest the lows that price broke out from as they never got tested on the way up. We should see price fall down to the lower support levels over the coming weeks.