$SUI UNDER PRESSURE: BREAKDOWN OR BOUNCE?
SUI/USDT is currently trading at $2.9905, down -0.60% as bears test critical support levels. The altcoin is at a decisive inflection point that could spark significant volatility.
Key Levels to Watch
Resistance: $3.0200 - Breaking above could push SUI toward $3.0300 and $3.0400
Support: $2.9900 - Losing this level may trigger a drop to $2.9800 and $2.9700
Trade Setup - Volatility Alert!
Bullish Scenario
Entry: Confirmed break above $3.0200
Target 1: $3.0300
Target 2: $3.0400
Bearish Scenario
Entry: Break below $2.9900
Target 1: $2.9800
Target 2: $2.9700
Use tight stop-losses as SUI shows bearish momentum. Volume at 39.64M SUI indicates moderate participation - watch for volume spike on any decisive move.