SUI Sellers Are Back in Control as NEAR Drops 16%. Here's What Swing Traders Can Do Next

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Three Things to Know NEAR holders approved a second inflation cut in about a year, though the change will take months to arrive. Both NEAR and SUI show weak momentum, with sellers still leading the trend on the daily charts. SUI sits just above nearby support, while NEAR must reclaim its 50-day line to repair the chart. NEAR token holders voted to slow the growth of new supply, approving a lower inflation cap through the network's governance system. The vote passed while NEAR was in a sharp weekly slide. The cut is a long-term story, and traders work on a shorter clock. Sellers still lead both NEAR and SUI, and SUI has lost its long-term trend support. Buyers now need to defend nearby floors before another leg lower tests them.
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