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$SUI Will $2 Hold or Fold? Brace for the Next Wave!
Current Price: $1.999
24h Change: -4.55%
24h High: $2.10
24h Low: $1.7174
Volume (24h): 183.69M SUI
SUI/USDT is flirting dangerously with the $2.00 psychological barrier after getting rejected from the $2.10 high. Price is consolidating below resistance, and while buyers are still holding a slight edge (51.11%), momentum is slipping fast. The chart is setting up for a decisive move.
Key Levels to Watch:
• Resistance Zone: $1.9950 – $2.0200
A strong breakout here could reignite bullish momentum and test the recent high at $2.10.
• Support Zone: $1.9400 – $1.9600
A breakdown below this area could send SUI into a deeper retracement back toward the $1.88 zone.
Trade Setup – Pressure’s Building, Don’t Get Caught Off Guard
Bullish Scenario:
• Entry Trigger: Break and hold above $2.02
• Upside Targets:
• Target 1: $2.08
• Target 2: $2.15
• Suggested Stop-Loss: Below $1.94
Bearish Scenario:
• Entry Trigger: Fall below $1.94
• Downside Targets:
• Target 1: $1.88
• Target 2: $1.82
• Suggested Stop-Loss: Above $2.02