SUI Gears Up for a Reversal After Sharp Dip—Is a Breakout Brewing?

$SUI on the 15-min chart shows a rebound forming after a steep decline from the 3.23 peak to a low of 2.88. Price now sits at 3.0466, having reclaimed the 7-MA (3.0260) and 20-MA (3.0090), while approaching the 50-MA (2.9712) from above. This crossover hints at short-term bullish momentum. Volume at 27.5K supports this recovery phase. If the trend sustains, bulls may target the 3.10–3.15 zone. However, failure to hold above 3.00 could invite renewed selling. All eyes are on the next few candles for confirmation of direction.

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