$SUI Rejected at $3.95! Retest or Breakdown Next?
SUI/USDT is trading at $3.8886, down -3.20% after getting firmly rejected at the $3.95 resistance zone. Despite a promising push, price failed to hold the breakout and is now hovering just above a crucial support area. Bulls are losing steam—this zone is make-or-break.
Key Levels to Watch
• Resistance Zone: $3.93 – $3.95
A breakout and strong close above this level could drive price toward:
• Target 1: $4.08
• Target 2: $4.20
• Support Zone: $3.87 – $3.83
If this zone breaks, expect a sharp decline toward:
• Target 1: $3.75
• Target 2: $3.60
Volume Insight
Volume surged during the rejection, suggesting aggressive profit-taking or whale unloading near resistance. Unless buying steps in again soon, sellers may continue to pressure price below $3.85.
Trade Setup
Bullish Scenario
• Entry: Break and hold above $3.95
• Target 1: $4.08
• Target 2: $4.20
• Stop Loss: Below $3.87
Bearish Scenario
• Entry: Drop below $3.83
• Target 1: $3.75
• Target 2: $3.60
• Stop Loss: Above $3.90
SUI is dancing on a tightrope—either it rebounds from the current support and reclaims $3.95, or it could slide into a deeper correction. Monitor volume and candle strength closely.