After the strong correction of the last few days, what we are seeing now on the 15-minute chart for $SUI is a sign of change. That is, the price has dropped quite a bit, touched an important support area at 3.15, and from there it has started to bounce back.

There are several signals indicating it could start to rise:

1. The RSI is rising and approaching 60, which means that selling pressure is weakening and buyers are taking control. In technical analysis, this is interpreted as a potential upward movement beginning.

2. The recent green candles were accompanied by an increase in volume, which is a good sign. It shows that the bounce is not weak, but there is real participation from buyers.

3. The price is close to breaking the 50-period exponential moving average (EMA 50) on the 15-minute chart. If it manages to stay above, it could start looking for higher levels like 3.30 or even 3.34.

In summary:

It has already corrected enough and now shows signs of wanting to rise.

It still needs to confirm the rise by breaking zones like 3.26 - 3.30, but the worst seems to be over.

If you are already in, it makes sense to hold the position a little longer while waiting for that movement, but if you are out, it is highly recommended to enter partially ☺️😌