SUI weekly dey go down: $0.87 pivot, BTC dey push risk

SUI technical analysis (updated for Apr 4–June 4 weekly view) dey show say the token still dey for weekly downtrend, dey consolidate near $0.87 area inside bigger bearish structure. The week close small up (+1.36%), but momentum still weak: RSI about 41.6 and MACD histogram dey negative. Key SUI levels for traders: support for $0.8696 (multi-timeframe confluence) and deeper downside trigger for $0.7881. Near-term resistance na $0.8737, then $0.9145. The $0.87 pivot na critical—if price hold above e dey keep small bullish tilt, but if e break below fit accelerate move toward $0.7881 and even go further down to $0.4518. Bulls need break of $0.8737 plus weekly close above $0.9145 and confirmation with stronger momentum (MACD expansion, RSI reclaim >50). Wyckoff-style read dey suggest distribution not accumulation, with rejection around $0.87 value area (POC) and price still under EMA20 (~$0.91) on daily chart. Market driver: SUI still highly correlated with BTC (~0.85+). If BTC hold above ~$65k–$68k, SUI fit range; if BTC drop below ~$65k e go increase downside pressure toward $0.7881. On the flip side, if BTC breakout above ~$70k e go improve chances for recovery toward ~$1.15. Trading takeaway: overall bias na risk-off. Watch for volume expansion and use invalidation around $0.87 pivot to control position risk.