#SUI/USDT – Major Token Unlock Alert!
74 Million SUI Tokens (Worth $262M) Set to Unlock!
SUI is currently trading at $3.57, down 0.08% in the last 24 hours. The price touched a high of $3.8750 and a low of $3.3900, with a 24h volume of 121.27M SUI (approx. $442.06M USDT).
RSI is at 35.07, signaling bearish momentum.
Token Unlock Impact:
A large unlock of 74 million tokens worth over $262M is expected. Such supply surges can lead to downward pressure on price, especially if demand doesn’t match the influx.
Spot Buying Plan:
First Entry: $3.56
Consider buying if price hits $3.56 with volume above 3M SUI.
Second Entry: $3.47
Add more if price dips to $3.47 with volume near 2M SUI — close to a support zone.
Third Entry: $3.39
Strong buy zone if price drops to $3.39 and volume exceeds 1.5M SUI.
Breakout & Downside Scenarios:
Bullish Case: A breakout above $3.90 with strong volume could push price to $4.00 – $4.10, even targeting $4.20 later.
Bearish Case: If it slips below $3.39, further downside to $3.20 or even $3.00 is possible.
Pro Tip: Watch volume closely — it often confirms the strength behind price moves.