$SUI BREAKDOWN OR BOUNCE? KEY LEVELS IN FOCUS
SUI/USDT is trading at $3.9750, after a sharp drop from the $4.20 high. Price is now consolidating near the $3.95 support zone. With selling volume easing slightly, bulls are attempting to stabilize, but risk of further downside remains.
Key Levels to Watch
• Resistance: $4.0200 – A recovery above this could lead to $4.0800 and $4.1400.
• Support: $3.9510 – A breakdown below this may trigger a fall toward $3.8800 and $3.8300.
Trade Setup – Expect Swift Move on Break
Bullish Entry: A confirmed 15-min close above $4.0200 may target:
• TP1: $4.0800
• TP2: $4.1400
Bearish Entry: A break below $3.9510 could trigger:
• TP1: $3.8800
• TP2: $3.8300
Stop-Loss:
• Longs: Below $3.9500
• Shorts: Above $4.0300