📉 $SUI Market Update – Reversal Incoming or More Pain?
SUI just dropped nearly 10%, now trading at $3.79, with a strong 369M volume spike — signaling heavy hands in motion.
📊 EMA Watch:
EMA(7): $3.90 ✅
EMA(25): $3.83 ✅
Price is testing both EMAs from below — short-term pressure remains bearish.
EMA(99): $3.36 ➜ Long-term support zone to watch.
🔍 Key Levels:
⚠️ Support: $3.60 → $3.40
🔄 Rebound Zone: $3.83 → $4.00
🚀 Breakout Target: $4.20 → $4.50 (if momentum shifts)
🧠 What to watch next:
Bullish reversal signal around $3.60 could offer a high-RR long.
Breakdown under $3.60 may trigger a retest of $3.40 or worse.
💬 Sentiment is shaky — wait for clear confirmation before jumping in.
