🚨 $SUI /USDT – Down -8.49%! Oversold Setup or Just Getting Started? 🔥
$SUI has dropped hard to $2.44, sliding -8.49% on the day. RSI has plunged into oversold territory—so are we looking at a reversal opportunity or more pain ahead? Let’s break it down 👇
📊 Market Overview
📍 Current Price: $2.4400
📈 24h High: $2.6727
❄️ 24h Low: $2.4058
📊 Parabolic SAR: Bearish trend continuing
📉 MACD Momentum:
Strong bearish momentum building
Histogram widening
Price below all major MAs (MA(7), MA(25), MA(99))
📉 RSI (6): 18.43 – Deeply oversold
📈 SUI Trade Setup – Key Levels to Watch
🔹 Bullish Scenario (If SUI Holds Above $2.41):
Entry: Above $2.48
Targets: $2.60, $2.72, $2.86+
Stop-Loss: $2.36
🔹 Bearish Scenario (If SUI Breaks Below $2.36):
Entry: Below $2.35
Targets: $2.25, $2.10, $1.95
Stop-Loss: $2.48
🔍 Should You Hold or Sell?
✅ RSI under 20 = oversold bounce setup in play
✅ Holding $2.41 = solid risk-reward for rebound
⚠️ Close below $2.36 = trend continuation likely toward $2.10+
💡 Pro Tip:
🚀 Look for a bullish engulfing candle + surge in volume above $2.48 for confirmation
⚠️ No momentum recovery? Expect consolidation or slow bleed
📢 SUI holders—catching this dip or waiting for signs of strength? Let’s talk in the comments!
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