$SUI has plunged 13.31%, currently trading at $3.35, as bears tighten their grip. The price has touched a low of $3.33, reflecting intense selling pressure across the board.
SUI
3.45
-2.41%
Key Levels to Watch:
Resistance: $3.50 – A rebound above this level could set the stage for recovery toward $3.65 and $3.8.
Support: $3.30 – A breakdown below might lead to a sharp decline to $3.20 and $3.10.
Trade Setup:
Long Entry: Above $3.50, targeting $3.65 and $3.8.
Short Entry: Below $3.30, aiming for $3.20 and $3.10.
Stop Loss: $3.33 for both entries.
Market Insight:
The RSI sits at 33.72, suggesting oversold conditions, but caution is warranted as sellers remain dominant. Look for breakout signals near $3.40 to confirm potential reversals