Warning: $SUI Slammed Into Critical Support — Relief Bounce or Bear Trap❓#SUI just took a major hit, tumbling all the way down to $1.7174, its lowest point in recent sessions. It’s now showing signs of life, trading around $1.8214, after a -15.80% nosedive in the last few hours.

Snapshot:

Current Price: $1.8214

24h High: $2.1780

24h Low: $1.7174

STOCH RSI: 10.55 — hinting at oversold territory

Order Book: Buy/Sell ratio balanced (50.33% vs 49.67%)

What’s the Play?

SUI just bounced off a key demand zone near $1.71, and the recovery candle shows buyers stepping in. But let’s be clear — this move is happening after a brutal downtrend, and without strong volume, it might just be a pit stop before more downside.

Levels to Watch:

Next Resistance: $1.89–$1.92

If Broken Down Again: Eyes on $1.60 as the next major support

Momentum Confirmation: Bullish only above $1.95 with follow-through

Outlook:

This bounce could be meaningful if buyers push through resistance quickly. Otherwise, it might fade fast. With the RSI crushed and the entire market shaky, don’t chase unless strength is clear.

Caution is king — don’t get trapped by a fakeout!

buy and trade here $SUI