$SUI /USDT: Bulls Losing Steam or Prepping for the Next Leg Up?
Current Price: $3.8876 (+3.16%) | Timeframe: 15m Chart
SUI made a solid bounce from $3.81 earlier today, but it’s struggling to stay above key EMAs now.
Here’s what the chart is whispering:
Key Levels:
• Resistance: $3.90 – If broken, we may see a run back to $3.95.
• Support: $3.87 and $3.81 – Breaking below could signal a deeper pullback.
Indicators to Watch:
• EMA(7) < EMA(25) → Bearish crossover
• Price under short-term EMAs = Weak momentum
• Volume fading = Bulls might be getting tired
What’s Next?
If SUI can reclaim $3.90 with strong volume, bulls could regain control.
But if it keeps rejecting the EMAs, a move down toward $3.81 is likely.
My View:
Short-term pressure is on the downside unless bulls step in fast. Watching for confirmation either way.
Trade wisely. Don’t chase—wait for the breakout or breakdown!
