$SUI /USDT – REJECTED FROM $3.1296, CONSOLIDATING NEAR $2.99 SUPPORT ZONE

$SUI experienced a strong intraday push to $3.1296, but selling pressure quickly knocked the price back down, forming a prominent wick and signaling rejection. The asset is now attempting to stabilize around $2.9911, showing choppy consolidation just above key support at $2.9340.

Key Market Data:

Price: $2.9911 (+2.62%)

24H High: $3.1296

24H Low: $2.8576

24H Volume: 157.59M $SUI / $470.35M USDT

Technical Breakdown:

Rejection at intraday resistance indicates short-term exhaustion

Current structure suggests a range between $2.93–$3.03

A breakout above $3.03 or breakdown below $2.93 will likely define the next move

Pro Tip: Wait for clear direction—either a confirmed break above $3.03 for long reentry, or loss of $2.93 support to short the dip. Let volume validate the move.

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