SUI’s latest rejection at a crucial resistance area has handed control back to the bears, keeping the asset trapped in a persistent downtrend. As downside momentum continues to dominate, attention is shifting toward key support levels that could determine whether SUI is headed for further losses or nearing a potential bottom. SUI’s Fifth-Wave Decline Keeps Bears In Control More Crypto Online’s analysis highlights that SUI continues to face significant downside pressure, suggesting the market is likely still unfolding a fifth wave to the downside. While the higher timeframe structure remains open to interpretation, accommodating both bullish and bearish outcomes, the prevailing trend remains firmly toward lower prices. Related Reading: SUI Finds Strong Technical Support, Yet Broader Downtrend Fears Persist The leading scenario indicates that a critical support region lies between $0.65 and $0.49. This zone is identified as the potential foundation where a corrective wave B could conclude, setting the stage for a meaningful low. However, until the asset can stabilize within this range, the structural trend must be viewed as bearish. A more pessimistic white count risk scenario is also being monitored. This bearish alternative would gain significant traction should the market fail to hold the support cluster between $0.65 and $0.49. A breakdown below this level would mean that the current correction is likely to extend further. Ultimately, SUI is rapidly approaching this major support area, which serves as the primary zone to monitor for signs of stabilization. While this is the key area for potential buyers, any credible bullish case remains contingent on the market demonstrating a clear 5-wave advance after reaching these support levels.  Rejection At Micro Resistance Signals More Downside Risk Following a rejection from the micro resistance zone between $0.747 and $0.855, crypto analyst MCO Global notes that the asset is likely to see at least one, and potentially two, additional lows. While the structural interpretation has been complicated by the distortion caused by the October flash crash, the analyst maintains that the overall downward direction remains clear. Related Reading: Crypto Giant Dethroned: Bitcoin Drops Out Of Top 10 Amid Market Shift Key support levels are currently established at $0.65 and $0.49. These areas will be critical for determining whether the asset can find a floor or if the current momentum will push it into deeper territory. As long as the price remains contained below the resistance zone, the market continues to operate within a persistent downtrend. The analyst emphasizes that a breakout above $0.855 is the primary requirement to shift the narrative. Achieving this would serve as the first technical signal that the intense downside pressure is finally beginning to ease. Until such a move occurs, SUI remains anchored in its current bearish structure. Featured image from YouTube, chart from Tradingview.com

SUI’s latest rejection at a crucial resistance area has handed control back to the bears, keeping the asset trapped in a persistent downtrend. As downside momentum continues to dominate, attention is shifting toward key support levels that could determine whether SUI is headed for further losses or nearing a potential bottom. SUI’s Fifth-Wave Decline Keeps &#8230;

SUI Stuck In A Downtrend After Resistance Rejection, More Losses Ahead?

Warren&#8217;s scrutiny of SpaceX&#8217;s IPO highlights potential risks in market integrity and investor protection, impacting future IPO regulations.
The post Warren questions SpaceX IPO oversight in letter to exchanges as tokenized shares enter crypto markets appeared first on Crypto Briefing.

Warren&#8217;s scrutiny of SpaceX&#8217;s IPO highlights potential risks in market integrity and investor protection, impacting future IPO regulations. The post Warren questions SpaceX IPO oversight in letter to exchanges as tokenized shares enter crypto markets appeared first on Crypto Briefing.

Warren questions SpaceX IPO oversight in letter to exchanges as tokenized shares enter crypto markets

Ripple CEO Brad Garlinghouse has criticized JPMorgan CEO Jamie Dimon’s opposition to the Clarity Act, a bill that would establish rules for much of the U.S. crypto market. Garlinghouse argued that Dimon mischaracterized the legislation during recent public comments. The…

Ripple CEO Brad Garlinghouse has criticized JPMorgan CEO Jamie Dimon’s opposition to the Clarity Act, a bill that would establish rules for much of the U.S. crypto market. Garlinghouse argued that Dimon mischaracterized the legislation during recent public comments. The…

Ripple CEO challenges Jamie Dimon over Clarity Act criticism

Coinbase&#8217;s new lending features could enhance institutional crypto adoption, but they also introduce counterparty risk considerations for investors.
The post Coinbase expands lending options with Prime and High Yield features appeared first on Crypto Briefing.

Coinbase&#8217;s new lending features could enhance institutional crypto adoption, but they also introduce counterparty risk considerations for investors. The post Coinbase expands lending options with Prime and High Yield features appeared first on Crypto Briefing.

Coinbase expands lending options with Prime and High Yield features

South Korean consumer electronics titan LG Electronics is developing a proprietary blockchain network aimed at transforming the digital advertising placement and sales industry. The Onchain Shift According to a report published by Fortune on June 11, 2026, the initiative leverages a shared, onchain database of advertising inventory and verified customer interaction records. Fortune’s Jack Kubinec […]

South Korean consumer electronics titan LG Electronics is developing a proprietary blockchain network aimed at transforming the digital advertising placement and sales industry. The Onchain Shift According to a report published by Fortune on June 11, 2026, the initiative leverages a shared, onchain database of advertising inventory and verified customer interaction records. Fortune’s Jack Kubinec &#8230;

Tech Giant LG Electronics Taps Arbitrum to Automate Programmatic Ads via Custom L2 Blockchain

The debate highlights the tension between traditional banking and emerging digital asset regulations, impacting future financial landscapes.
The post Ripple CEO criticizes JPMorgan’s Jamie Dimon over Clarity Act bill appeared first on Crypto Briefing.

The debate highlights the tension between traditional banking and emerging digital asset regulations, impacting future financial landscapes. The post Ripple CEO criticizes JPMorgan’s Jamie Dimon over Clarity Act bill appeared first on Crypto Briefing.

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