$SUI
📊 SUI/USDC – Short-Term Trend Cooling Off After Sharp Rally
🔹 Current Price: $2.7917
🔹 24h High: $2.9225
🔹 24h Low: $2.3950
🔹 24h Change: +11.60%
Market Structure:
SUI rallied aggressively from the $2.40 zone, reaching as high as $2.92. After hitting resistance, price has started consolidating on the 15-minute timeframe, forming a range near $2.80. This may be a cooling-off period before the next significant move.
What’s Next?
🔼 Bullish Case: A breakout above $2.92 could lead to fresh highs toward $3.10 and beyond.
🔽 Bearish Case: If SUI fails to hold the $2.75–$2.70 range, a deeper retracement toward $2.60 is likely.
Outlook: The uptrend remains intact on higher timeframes, but traders should watch volume and price action closely in this consolidation phase for the next setup.