#SUİ to content
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Current price: $3.4088
Recent low: $3.3543
Recent high: $3.9609
Trend: Clear downtrend from the $3.96 peak.
Stoch RSI: Around 24, which indicates oversold territory — often a possible bounce area, but not guaranteed.
Will SUI dip to $3.20?
If the price fails to hold above $3.35, the next psychological and technical support could lie around $3.20–$3.25.
The overall momentum is still bearish, and there's no strong bullish reversal pattern yet on the 1-hour chart.
However, the Stoch RSI being low suggests a short-term bounce could happen before any further dip.
A dip to $3.20 is possible, especially if $3.35 support breaks with volume. But due to oversold indicators, you might first see a bounce or sideways consolidation before further downward movement.