SUI is currently trading around $3.5986 (-6.95%), pulling back sharply after getting rejected near the $3.96 mark. This means buyers tried to push the price higher but failed, and now sellers are in control. The drop is happening with high trading volume, which adds strength to the bearish move.
Now, SUI$SUI is heading toward an important support zone at $3.49 — this is where buyers might try to step in again. It's also where the Parabolic SAR (a technical indicator) is signaling a potential turning point.
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🔍 Key Price Levels to Watch
🛑 Resistance (Where Price Might Struggle to Go Higher):
$3.675 – Could act as a short-term bounce area.
$3.778 – A tough zone; previously buyers stepped in here.
$3.96–$3.98 – The recent high and a strong “sell zone.”
🟢 Support (Where Price Might Find Buyers):
$3.572 – Light support for quick trades.
$3.493 – A must-hold area for bulls (also matches SAR).
$3.30 – If $3.49 breaks, this is the next major zone.
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🧠 Beginner Takeaway
If you're new, be cautious here. The trend is down, and unless SUI holds above $3.49, more downside is possible.
This is a market where waiting and watching might be smarter than jumping in.
Use support and resistance zones to learn how price reacts before risking capital.
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Hashtags (optional): #CryptoForBeginners #SUIAnalysis #BearishTrend #RiskManagement $BTC .
