SUIUSD declined in its latest intraday trading under continued negative pressure, as it remains below the 50-day SMA and under the dominance of the main short-term bearish trend, trading along a descending line that reinforces this direction. In addition, bearish signals continue to appear from the relative strength indicators after reaching extremely overbought levels.

Therefore, we expect the cryptocurrency to decline in its upcoming intraday trading as long as the resistance level of 3.0168$ holds, targeting the key support level of 2.4400$.

Todays price forecast: Bearish.