Altcoins News

Story: SUI Price Faces Breakdown as $123M Token Unlock Threatens 38% Crash Below $2

By Sakamoto Nashi

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Inverse Cup and Handle Pattern Suggests 38% Crash. The daily chart of SUI shows a clearly formed inverse cup and handle pattern, a formation that…

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Bearish Signals Stack Up: Death Cross, Weak MFI. Adding to the bearish setup is the appearance of a "death cross"—a technical condition where the…

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$123 Million Token Unlock Fuels Bearish Expectations. Beyond technicals, SUI is facing another challenge: token unlocks.

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Psychological Support at $2 Under Threat. The $2 level has become a psychological barrier for SUI traders, and with technical patterns and…

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Grayscale Interest Fails to Sustain Optimism. Earlier in the quarter, Grayscale added SUI to its Q3 crypto asset list, a move that triggered…

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What Traders Should Watch Next. For now, traders and analysts are closely monitoring three key factors:

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Final Thoughts. SUI is at a pivotal moment. The technical setup, combined with a large token unlock, creates a…

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Sui (SUI), one of the top-performing altcoins in the first half of 2025, is now on the brink of a sharp decline. After a 1.8% gain today, SUI is trading at $2.

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Technical indicators and price structures on the daily chart are raising serious alarms for traders and investors alike.

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The daily chart of SUI shows a clearly formed inverse cup and handle pattern, a formation that tends to precede downward continuation when bullish momentum stalls.

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If this pattern plays out, the projected decline equals the depth of the cup, with a drop from the $2.66 support zone pointing to a potential 38% decline.

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Adding to the bearish setup is the appearance of a "death cross"—a technical condition where the 50-day moving average crosses below the 200-day moving average.

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Meanwhile, the Money Flow Index (MFI), a momentum oscillator used to measure buying and selling pressure, is struggling to break above the key 50-level.

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Beyond technicals, SUI is facing another challenge: token unlocks. According to data from Tokenomist, more than 44 million SUI tokens—worth over $123 million at current…

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While not all of these tokens are expected to hit the market immediately, even a portion being sold could add immense downward pressure.

The Currency Analytics

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