SUI dropped sharply from a local high of $4.2000 to a recent low of $3.5293, reflecting a significant bearish pullback of over -15.95%. The 1H chart reveals a sharp breakdown after failing to hold above key resistance, with momentum indicators trending lower.
Current Price: $3.6336
Support Zone: $3.52 – $3.58
Resistance Zone: $3.79 – $3.94
Potential Recovery Levels: • TP1: $3.79 (mid-resistance)
• TP2: $3.94 (pre-fall consolidation zone)
RSI is sitting at 31, indicating oversold territory, but MACD shows ongoing bearish momentum with no strong reversal yet. Volume is tapering off, signaling fading interest unless bulls re-enter soon.
If the $3.52 support fails, a deeper correction may follow. A bounce from here could offer a swing trade toward $3.79+, but confirmation is needed.
Trade cautiously—watch for reversal signals or breakdown below support.
Buy and Trade $SUI quickly here.
