$SUI Slips to Key Support — Is a Reversal Near? | #BinanceWriteToEarn
💰 Current Price: $2.7311 (–1.57%)
📉 24H Low: $2.7049 | 24H High: $2.8365
📊 Today: –2.65% | 7D: +7.57% | 1Y: +239.31%
🔴 Bearish Pressure: 63.38% sellers vs 36.62% buyers
Despite a remarkable 239% yearly growth, SUI is seeing pressure, slipping from its $2.92 highs toward the lower support zone of ~$2.70.
🧠 Key Takeaways:
Strong long-term uptrend, but short-term pullback signals caution
Price approaching support zone — a potential bounce-back point
Momentum fading, but fundamentals remain attractive for long-term holders
📍 Watch Levels:
Support – $2.70
Resistance – $2.83+
💬 Investor Perspective:
Short-term correction offers a possible accumulation opportunity, especially for those eyeing long-term gains in the Layer 1 race. Let the market settle before making impulsive moves.
🛑 Disclaimer: This is not financial advice. Always DYOR before investing.