$SUI at the Crossroads – Will Bulls Reclaim $3.95 or Fade Below $3.84?
$SUI is currently trading at $3.8658, sharply pulling back after failing to hold above the $3.93 resistance. This rejection has triggered high-volume selling, yet the price is testing a critical support zone. Traders are eyeing volume reactions closely for the next move.
Key Levels to Watch
Resistance Zones:
• $3.9300 – Recent rejection zone
• $3.9600 – Local breakout barrier
• $4.0017 – 24h high / strong resistance
Support Zones:
• $3.8440 – Immediate support (current test)
• $3.8200 – Breakdown trigger
• $3.7500 – Liquidity zone
Trade Setup
Bullish Entry: On breakout and candle close above $3.93
• Target 1: $3.96
• Target 2: $4.00
Bearish Entry: If candle closes below $3.84 with high red volume
• Target 1: $3.82
• Target 2: $3.75
SUI is showing increased volatility. A decisive move beyond $3.93 or under $3.84 will define short-term trend. Keep an eye on volume confirmation.