$SUI : Calm Before the Storm or Trend Reversal?

$SUI is taking a breather at $3.6452, down -5.77% on the day, after a volatile ride between $3.5293 and $3.8757 in the last 24 hours.

Despite the red hourly candles, the bigger picture looks resilient:

30-Day Gain: +22.89%

90 & 180-Day Momentum: Still positive

1-Year Growth: A whopping +243.89%

Chart Notes:

Local bottom formed at $3.5293

Bears showed force with a heavy drop from $3.9599, but bulls are defending mid-$3.60s.

The range-bound chop suggests a potential accumulation or indecision phase.

Volume Insight:

Massive 24h volume — 108.45M SUI traded — showing interest remains high.

Order Book Bias:

Sell-side pressure dominates (58.96%), but this imbalance often precedes reversals.

Levels to Watch:

Support: $3.52 (bounce zone)

Resistance: $3.70–$3.78

Breakout Target: $3.90+

Strategy:

Scalpers: Range-play between $3.53–$3.70

Swing Traders: Wait for confirmation above $3.75 or reclaim of $3.88

$SUI is still a long-term performer. Will it hold the line or dip for a better entry?

Disclaimer: This is not financial advice. Trade responsibly and always DYOR.

#SUI #TrumpTariffs #MarketPullback #TradingSignals #ChartAnalysis