$SUI /USDT

SUI/USDT Overview

Current Price: $2.8394

24h Change: -2.34%

24h High / Low:

High: $2.9169

Low: $2.6800

Volume:

SUI: 48.58M

USDT: 135.89M

📌 Key Technical Levels

TypePrice LevelDescriptionResistance 1$2.916924h high, short-term ceilingResistance 2$3.0231Previous supply zoneSupport 1$2.8394Current pivot (price testing)Support 2$2.680024h low, first major demand zoneSupport 3$2.6360Deeper support from depth chart

📈 Technical Sentiment

📉 Short-Term Trend: Bearish (Lower highs, lower lows)

🔄 Price Action: Rejecting from $2.91–$3.02, moving back toward support

💰 Liquidity: High USDT volume indicates strong interest — possible volatility spikes ahead

🔮 Potential Trade Scenarios

✅ Bullish Bias (Reversal Play):

Look for support confirmation near $2.6800–$2.7000

If bounce occurs, targets: $2.91, then $3.02

Entry idea: Long near $2.70, SL below $2.63, TP $2.90–$3.02

⚠️ Bearish Bias (Continuation Play):

Break below $2.6800 may trigger sharp sell-off toward $2.63–$2.55

Watch if it fails to reclaim $2.84–$2.86 on rebounds

Entry idea: Short at $2.84–2.86, SL above $2.91, TP $2.63

🧠 Summary

SUI is showing signs of short-term weakness, currently in a pullback after failing to sustain above $2.91. The $2.68–$2.70 range is critical — a bounce could resume the uptrend, while a breakdown risks a deeper correction. Volume suggests strong participation, so any move may be sharp.

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