$SUI Testing Support After Sharp Intraday Drop.....

$SUI is trading at 3.6917 USDT, down 4.33% in the last 24 hours, extending its downward momentum after failing to sustain above the 3.88 resistance. The price recently retested a 24h low of 3.6514, showing weakness despite brief recovery attempts.

Market Overview (1H Chart)

Trend: Bearish bias after rejection from the 4.18 resistance zone.

Support Levels: Immediate at 3.6514, with stronger demand near 3.62.

Resistance Levels: 3.75 as short-term barrier, 3.88 as key breakout point.

Order Book Sentiment

Buy Orders: 45.56%

Sell Orders: 54.44%

Selling pressure outweighs buying interest, signaling possible continued downside unless demand picks up.

Performance Snapshot

Daily Change: -1.57%

Weekly Change: -0.03% (neutral in short-term trend)

30-Day Change: -7.40%

90-Day Change: -3.94%

1-Year Change: +314.06% — Long-term uptrend remains intact despite recent volatility.

Trading Outlook

Bullish Scenario: Holding above 3.65 and reclaiming 3.75 could open the way to 3.88.

Bearish Scenario: A breakdown below 3.65 may trigger a slide toward 3.62 and potentially 3.58.

Market Note: Watch for volume spikes — a sudden surge could confirm either a bounce or deeper correction.