The @Sui /USDT pair on Binance is currently trading at $2.7841, down 3.98% as of 11:33 UTC today. The weekly chart reveals a broader uptrend, with the price recently pulling back from a high near $5.4151. The purple trendline indicates a rising support level, currently aligning around $2.7841, which has historically acted as a key pivot point.

Key support levels to monitor include $1.7089 and $0.9000, where significant buying interest may emerge if the downtrend continues. A break below $2.7841 could accelerate a drop toward $1.7089. Conversely, a rebound above the trendline, targeting $5.4151, would signal bullish momentum, with potential to reach $6.4151 if volume (15.57M) sustains.

The MACD (yellow line) shows a bearish crossover, hinting at short-term weakness, while the RSI (not shown) likely remains neutral. The high volume suggests active market participation, which could drive volatility.

Strategy:

• Bullish Case: Buy on a confirmed break above $3.50 with a stop-loss below $2.7841.

• Bearish Case: Sell or short if price drops below $2.7841, targeting $1.7089, with a stop-loss above $3.50.

#DYOR and consider market news impacting SUI. This is not financial advice. $SUI #CryptoAnalysis #Write2Earn