{"id":148673,"date":"2025-02-05T09:00:39","date_gmt":"2025-02-05T07:00:39","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=148673"},"modified":"2025-02-05T03:52:51","modified_gmt":"2025-02-05T01:52:51","slug":"sui-sui-crash-incoming-key-support-levels-at-risk","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/sui-sui-crash-incoming-key-support-levels-at-risk\/","title":{"rendered":"Sui (SUI) Crash Incoming? Key Support Levels at Risk"},"content":{"rendered":"<p>He <strong><a href=\"https:\/\/www.youtube.com\/watch?v=YH8K-ODQ5ps\" target=\"_blank\">believes<\/a> <\/strong>the asset may be on the verge of a significant downturn, mirroring a previous price pattern that led to a steep correction.<\/p>\n<p>In a recent YouTube update, Pizzino explained that <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/sui\/\">SUI\u2019s price<\/a><\/strong> movement exhibits signs of an &#8220;overbalance&#8221; in both time and price. This term refers to a situation where the current decline has extended further and lasted longer than any previous correction within the ongoing bullish cycle. He pointed to SUI\u2019s drop to $2.38 as a critical moment, suggesting that its prolonged downward trajectory could foreshadow a deeper sell-off.<\/p>\n<p>Drawing comparisons to SUI\u2019s performance from April to August 2024, Pizzino noted that the asset initially tumbled from $2 to below $1 before experiencing another significant decline. Given the similarities in market behavior, he warns that SUI could be setting up for another major retracement.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/altcoin-surge-is-imminent-as-bitcoin-dominance-hits-its-peak-analyst-suggests\/\" title=\"Altcoin Surge Is Imminent as Bitcoin Dominance Hits Its Peak, Analyst Suggests\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2023\/04\/altcoins_coincodex-240x170.webp\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Altcoin Surge Is Imminent as Bitcoin Dominance Hits Its Peak, Analyst Suggests<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>If the $2 support level fails to hold, Pizzino foresees further downside, with potential price targets at $1.60, or even lower. He also mentioned the possibility of a deeper decline toward previous resistance levels around $1.10 or $0.73, though he emphasized that it\u2019s too early to determine if such lows will be reached.<\/p>\n<p>Despite the bearish outlook, he urged traders to monitor SUI closely in the coming days, as its ability to stabilize at current levels could determine whether the asset avoids another major breakdown.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Crypto analyst Jason Pizzino has issued a cautionary outlook for Sui (SUI), a rising blockchain project positioned as a competitor to Solana.<\/p>\n","protected":false},"author":9,"featured_media":137521,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[24],"tags":[],"class_list":["post-148673","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoins"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Sui (SUI) Crash Incoming? 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