$SUI Update

$2.3 is a good price to enter SUI for a spot position. The recent shakeout in crypto was brutal, but who would have thought SUI would drop below $2 again after pumping and making new highs every day?

The price is currently holding just above the liquidity zone around $2.25–$2.30. It recently broke below this level, dropping under $2, but quickly rebounded above it.

Most coins are following a similar pattern—a consistent downtrend, repeatedly getting rejected from the trendline. A breakout and successful retest of this trendline would signal the start of an uptrend.

Note: This is just my analysis not any financial advice. Before taking any trade, do your own research.