๐ ๐๐๐ ๐๐ซ๐๐ฐ๐ฅ๐ฌ ๐๐ซ๐๐๐ค๐จ๐ฎ๐ญ ๐จ๐ซ ๐๐ซ๐๐๐ค๐๐จ๐ฐ๐ง ๐๐๐ฑ๐ญ?
โฌ๏ธ SUI Faces Heavy Resistance at $3.45
After bouncing off the $3.19โ$3.27 support zone, SUI is stuck below a stubborn $3.45 wall.
๐ป Both the 9-day and 20-day EMAs are sloping down, now acting as resistance โ a warning sign that bulls are losing momentum.
โฌ๏ธ Bearish Signals Flashing on the Chart
๐ MACD shows deepening bearish momentum โ the MACD line has dropped further below the signal line with red histogram bars continuing to build.
๐ RSI stays below 50, reflecting weak buying strength. Itโs not in oversold territory, but thereโs little fuel behind any recovery attempts.
โฌ๏ธ Key Price Zones to Watch
โก๏ธ Breakout Target (Bullish):
If SUI breaks above $3.45, next resistance sits at $3.55โ$3.58, near EMA clusters.
โก๏ธ Breakdown Target (Bearish):
If it slips below $3.27, eyes are on $3.19, then $3.06 โ a critical level that would break the bullish structure.
โฌ๏ธ Trading Setup Overview
๐ฉ For Bulls:
Watch for a clean breakout above $3.45 with strong volume. Safer entries may come after a retest of this breakout.
Stop-loss: below $3.27.
๐ฅ For Bears:
If rejection hits at $3.45 again, short setups become attractive โ especially with low volume and bearish MACD.
Breakdown below $3.27 โ target $3.19 or $3.06.
Stop-loss: above $3.50.
โฌ๏ธ Final Thought
SUI is at a make-or-break level, with fading upside pressure and growing bearish momentum.
The next major move could define the trend โ stay alert to volume spikes and reactions around $3.45 and $3.27.
๐ Caution is key โ sideways drifts often end in sharp moves.
