$SUI / USDT – Testing Support After Volatile Drop!
$SUI is trading at $3.5171, down -0.94%, as it attempts to stabilize near recent support levels after a sharp pullback from the $3.76 zone. The 4H chart shows a test of the $3.45–$3.50 range with multiple bounces hinting at demand.
Key Insights:
24H High: $3.7666
24H Low: $3.4551
Volume (24H): 98.65M SUI / 357.50M USDT
Candle structure holding near $3.50 zone
Recent wicks below $3.50 indicate buying pressure
Momentum cooling, awaiting direction
Outlook:
If bulls defend the $3.45–$3.50 zone and reclaim $3.60, a move toward $3.70–$3.76 is possible. A close below $3.45 could trigger deeper downside.
Trade Tip:
Watch for bullish engulfing or breakout above $3.60 with volume. Consider stop-loss near $3.44 for risk management.
