On the 4H chart, it is visible that SUI has corrected after a recent rise. There are several points:
1. Resistance at $2.83 – the token rebounded from this level, indicating profit taking.
2. Support in the range of $2.62–$2.63 – if the price holds here, a new rise is possible. If it breaks down, it may go lower.
3. EMA(25) and EMA(99) – currently, the price is above the 99-day EMA ($2.4612), which is a positive signal, but the short-term EMA(25) ($2.5779) is nearby, and if it breaks down, there will be a drop.
4. RSI (55.87) – there is no overheating yet, but there is a signal for a decrease.
5. MACD – still in the positive zone, but is slowing down.
Conclusion:
• If long-term – it can be held, but it's better to wait for a clearer confirmation of the bottom.
• If you want to buy more – it's better to watch the price reaction around $2.62 or lower ($2.50–$2.55).
• If for speculation – you can catch bounces from support, but with risks.
There is a chance that the price will drop a little more before a new upward movement.