SUI Faces Correction as Selling Pressure Builds

SUI’s daily chart shows a pending sell signal after an extended rally, a potential lower high and a shift in trend indicators. Exchange data shows Binance leading trading volume, while Kraken records the largest displayed positive net flow during the selected hour. SUI’s price decline coincides with rising trading volume, but exchange flows alone cannot confirm whether selling pressure will continue. SUI faces renewed selling pressure after a strong recovery, as weakening technical signals, elevated trading activity and mixed exchange flows shape market conditions.

Source: Crypto Front News