🗣️ $SUI - on pause, but is it worth waiting for a reversal?
Today $SUI is trading around $2.72, volume - almost $940 million per day, capitalization - about $9.2 billion.
The chart shows - after a decline of ~26% over the month, the coin is currently consolidating in the range of $2.60–$2.80. This is not growth, but also not a collapse - just a zone for reflection.
The current pullback can be seen as a retest - it's important whether the level of $2.60–$2.65 will hold. If so - it's quite possible that recovery to $3 and above will begin. If not - the next support level is around $2.30–$2.40.
Personally, I am not buying right now - I'm watching how the price behaves closer to the middle of the range. It's important not to miss the entry point with minimal risk.
