**SUI/USDT - Layer 1 Under Pressure**

**Current Price:** $3.22 (-5.14%)

**Market Sentiment:** **Bearish Short-Term, Bullish Long-Term**

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### **🔍 Key Observations:**

1. **Price Action:**

- Breaking below **MA(25) at $3.29** - bearish near-term signal

- Trading **between key MAs** (MA7: $3.21 / MA99: $3.45)

- Volume **20% below average** (2.2M vs 2.8M MA5) → Weak momentum

2. **Critical Levels:**

- **Support:** $3.15 (24h low) → $3.00 (psychological)

- **Resistance:** $3.29 (MA25) → $3.41 (24h high)

3. **Indicators:**

- **RSI Not Shown** (Would help gauge oversold/overbought)

- **MACD Missing** (Would confirm momentum)

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### **📈 Trading Strategy:**

**Short-Term (Next 48h):**

✔ **If Long:**

- Wait for **$3.15 retest** (strong support)

- Target **$3.29-3.41** for quick scalp

- Stop loss **$3.10**

✔ **If Short:**

- Fade rallies near **$3.29 (MA25)**

- Target **$3.15-3.00**

- Stop loss **$3.41**

**Medium-Term (1-4 Weeks):**

- Bullish if:

- Holds **$3.00** → Potential rally to $3.50+

- Layer 1 narrative returns

- Bearish if:

- Breaks **$3.00** → Could test $2.80

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### **💡 Final Thought:**

SUI shows **strong long-term gains** (+192% 1Y) but currently correcting. Watch for:

- **BTC correlation** (SUI tends to follow BTC's lead)

- **Layer 1 rotation** (Could bring buyers back)

**🏷 Tags:** #SUI #Layer1 #Crypto #Trading

*(DYOR - Not financial advice! Trade carefully in this volatile market.)*