Technical analysis by BlessingTrade about Symbol SUI: Sell recommendation (12/14/2025)
Rising Channel Breakdown → Waiting for Better Buy Prices on SUI

SUI has been moving inside a well-defined rising channel on the higher timeframe, forming higher highs and higher lows. However, price is now trading near the lower boundary of the channel , showing signs of weak momentum and potential breakdown. Historically, a loss of the rising channel support often leads to a deeper corrective move, especially after an extended uptrend. Current structure suggests that downside continuation is more likely before any sustainable bullish scenario. 📌 Key points: Long-term ascending channel Price approaching / losing channel support Increased risk of trend exhaustion and correction 🎯 Downside targets: Target 1: $0.60 Target 2: $0.25 🛑 Conclusion: At current levels, buying SUI is not attractive from a risk-reward perspective. A better strategy is to wait for deeper pullbacks and signs of stabilization near the mentioned targets before considering long positions. This is a patience trade — better prices are likely ahead.beaarrr run!!!
