$SUI Alert – Critical Support Tested! ❗

$SUI dropped hard to $1.7174, but has bounced back to $1.8214, showing some recovery after a -15.80% drop. Is this a relief bounce or a potential bear trap? Let’s analyze.

Key Levels:

Next Resistance: $1.89–$1.92

Major Support: $1.60 (if broken again)

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

Snapshot:

STOCH RSI: 10.55 (in oversold territory)

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

Outlook:

This bounce could lead to a solid recovery if buyers push through resistance quickly. However, without strong volume, it could fade.

Caution: Don't chase unless clear strength appears. Watch carefully to avoid getting caught in a potential fakeout.

Let’s go and trade $SUI — stay alert and pick your entry wisely!