SUI crypto has been under growing pressure in recent weeks as price action continues to reflect a weakening market structure.

After a brief bounce at the beginning of February, the cryptocurrency failed to sustain momentum above the key resistance zone around the psychologically important $1.02 level, which has since become a defining point for the current trend.

From that point onward, SUI began printing a sequence of lower highs and lower lows.

This pattern is widely viewed by traders as a textbook bearish structure.

Lower highs indicate sellers are stepping in earlier on each rally, while lower lows confirm that buyers are struggling to defend previous support levels.

Together, these signals suggest that bearish control remains intact.

But despite this weakness, SUI has not moved aggressively lower in recent sessions.

Instead, price action has compressed into a narrow range.

This period of sideways movement may appear neutral at first glance, but when consolidation forms within a downtrend, it often carries a bearish implication.

Such consolidation phases are frequently interpreted as distribution rather than accumulation.

This means large participants may be selling into short-term strength rather than preparing for a sustained recovery.

SUI crypto is currently trading around $0.94 after posting notable losses across multiple timeframes.

Over the past week, the token has declined nearly 18%, while monthly and yearly performance remains deeply negative at 48% and 69% declines, respectively.

The rejection at $1.02 was not just another failed rally.

It marked the continuation of a broader bearish trend that has persisted for weeks.

Each attempt to recover since then has resulted in a lower peak.

This shows that bullish momentum has been steadily fading.

Even short-term rebounds have failed to change the overall structure.

As long as the price remains capped below prior highs, the bearish narrative stays valid.

Consolidation under resistance often acts as a pause before the next directional move.

In downtrends, that move frequently resolves to the downside.

This is why traders are treating the current range with caution rather than optimism.

A breakdown from consolidation would confirm that sellers remain firmly in control.

Such a move could accelerate losses as stop orders are triggered below support.

According to analysts, the most important level traders are watching is $0.9171.

This price level acts as both a key support and a pivotal decision point for the trend.

As long as SUI holds above $0.9171, a relief move remains technically possible.

A successful defence of this level could allow price to push toward the first major resistance at $1.28.

If bullish momentum strengthens and $1.28 is broken, the next upside target sits near $1.64.

Beyond that, the third resistance level to watch is $1.97.

However, these upside scenarios depend entirely on a shift in the broader crypto market structure.

Without a break in the pattern of lower highs, rallies may remain corrective.

On the downside, a failure to hold $0.9171 would be a significant bearish signal.

Such a breakdown could open the door for a deeper move toward the next major support at $0.7271.

That level would likely act as a critical test for longer-term buyers.

Until clarity emerges, SUI crypto remains in a fragile position.

The coming trading sessions may determine whether consolidation turns into recovery or confirms a broader breakdown.

The post Which way for SUI crypto? This pattern signals a possible breakdown appeared first on Invezz

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