Home Market Analysis SUIUSD rejection on the 1day MA200 can lead to 0.5700

SUIUSD rejection on the 1day MA200 can lead to 0.5700

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SUI has spend all of its Bear Cycle inside a Channel Down.

The price didn’t just hit its top but also the 1day MA200 for the first time in exactly 7 months while the 1day RSI got massively overbought.

Every time that happened in the last year, the price started a strong bearish wave.

The last two declined by at least -60%. Target 0.5700.