$SUI /USDT – Bearish Pressure Near Key Support Zone!

$SUI is under selling pressure, currently trading at $3.67 (-5.75%), testing the crucial support near $3.63. A break below this level could lead to a sharper correction.

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Trading Data:

Current Price: $3.67

24h Change: -5.75%

24h High: $3.96

24h Low: $3.6358

24h Volume (SUI): 52.72M

24h Volume (USDT): $200.05M

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Trade Setup:

Bearish Scenario (Breakdown):

Short Entry: $3.65 – $3.68

TP1: $3.40

TP2: $3.20

Stop Loss: $3.75

Bullish Scenario (Reversal Watch):

Long Entry: $3.67 – $3.70 (only on strong support confirmation)

TP1: $3.90

TP2: $4.05

Stop Loss: $3.60

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Market Insight:

Volume remains strong but sellers dominate near the low. Watch for price action signals around $3.63–$3.67 to decide if bulls can defend or bears will push lower. A volume spike on rejection at support could signal a bounce.

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Pro Tip:

Keep a tight stop loss to manage risk. Look for confirmation via candlestick patterns or volume before entering longs at support.

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