๐จ $SUI
/USDT โ Oversold or More Pain Ahead? ๐ฉธ๐
$SUI took a hit with a -6.91% drop, sliding toward key support. Can bulls step in at the dip, or is this a sign of deeper weakness? Letโs analyze the setup! ๐
๐ Market Overview
๐ Current Price: ~$2.90
๐ 24h High: $3.2300
โ๏ธ 24h Low: $2.8467
๐ฆ 24h Volume (SUI): 63.31M
๐ต 24h Volume (USDT): $193.28M
๐ Timeframe: 2025-06-06 03:15
๐ Technical Snapshot
๐ Trend: Clear bearish momentum with lower highs
๐ Support Zone: $2.85 โ a key demand zone to hold
๐ Volume: High selling volume = caution for bulls
๐ MACD & RSI: Likely turning bearish โ wait for confirmation
๐ $SUI Trade Setup โ Key Levels to Watch
๐น Bullish Scenario (If $suidefends $2.85):
Entry: Above $2.95
Targets: $3.10, $3.20, $3.30
Stop-Loss: $2.82
๐น Bearish Scenario (If $suiloses $2.85 support):
Entry: Below $2.84
Targets: $2.65, $2.50, $2.30
Stop-Loss: $2.95
๐ Market Sentiment
โ ๏ธ Near oversold territory, but momentum still weak
โ If $2.85 holds, expect bounce attempts โ but watch the volume!
โ Breakdown = possible free fall toward $2.50 zone
๐ก Pro Tip:
Let SUI reclaim $3.00 on strong volume before entering long. Bottom fishing without confirmation is risky here.
๐ข Your take: Dip-buy or wait for confirmation?
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