$SUI

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SUI/USDT Market Update (1H Chart)

Current Price: $3.7117

24H High: $4.0051

24H Low: $3.5842

24H Change: -6.01%

SUI experienced a sharp drop after hitting resistance around $4.00, retracing to a low of $3.5842. It has now rebounded slightly and is trading near $3.71.

Short-term moving averages are below the 99MA (3.8120), indicating bearish pressure in the short term. However, a short recovery bounce is visible from the $3.58 support level.

Watch Levels:

Resistance: $3.775 / $3.812

Support: $3.655 / $3.584

A close above $3.775 could hint at bullish reversal, while failure to hold $3.655 might lead to another dip.

Volume is gradually picking up again—potential for intraday scalp opportunities.

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