$SUI – Support Under Fire After Sharp Drop

$SUI is trading at 3.6917 USDT, down 4.33% in 24h, after bulls failed to hold above 3.88. Price retested the 3.6514 low, showing sellers still in control despite small bounces.

Market Overview

• Trend: Bearish after rejection from 4.18

• Support: 3.6514 (immediate) → 3.62 (major demand)

• Resistance: 3.75 → 3.88 (key breakout level)

• Order Book: Buyers 45.56% | Sellers 54.44% — selling pressure heavier

Performance

• 1D: -1.57% | 1W: -0.03% | 30D: -7.40% | 90D: -3.94% | 1Y: +314.06%

Long-term uptrend alive, but short-term bias still bearish.

Scenarios to Watch:

Bullish: Hold above 3.65 → Break 3.75 → Target 3.88

Bearish: Lose 3.65 → Drop to 3.62, then 3.58 possible

Market Note: Price is coiling near support — one volume spike could set off the next big move. Be ready.

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