๐จ $SUI /USDT โ Dip or Discount Before a Bounce? ๐ง๐
$SUI has slid to $3.88, down 4.22% on the day. With the 24h low at $3.66 and a strong volume backdrop, is this a correction or a setup for a sharp rebound? Letโs break it down:
๐ Market Overview
๐ Current Price: $3.8829
๐ 24h High: $4.2000
โ๏ธ 24h Low: $3.6589
๐ธ 24h Volume (SUI): 183.39M
๐ฐ 24h Volume (USDT): $721.36M
๐ Key Indicators
๐ Moving Averages:
MA(7): 3.8792
MA(25): 3.9456
MA(99): 3.8668
๐ RSI (6): 48.33 (Neutral zone โ pivot point)
๐ MACD: Mixed โ needs confirmation
๐ Volume: 3.77M
๐ MA(5) Vol: 4.15M | MA(10) Vol: 3.49M
๐ SUI Trade Setup โ Key Levels to Watch
๐น Bullish Scenario (If SUI Reclaims $3.95+):
Entry: Above $3.96
Targets: $4.10, $4.25, $4.50
Stop-Loss: $3.75
๐น Bearish Scenario (If SUI Fails to Hold $3.75):
Entry: Below $3.75
Targets: $3.58, $3.45, $3.25
Stop-Loss: $3.95
๐ Whatโs Next for $SUI?
โ Sitting near long-term MA(99) support โ crucial zone
โ RSI offers room for upside if buyers return
โ ๏ธ Breakdown below $3.75 = strong bearish pressure incoming
๐ก Pro Tip:
๐ Watch how SUI behaves around $3.95 โ breakout there = bulls back in control
๐ Weak bounce = chance for shorts to push below $3.60
๐ข Whatโs your move โ buying the dip or waiting for confirmation? Let us know! ๐๐ฅ
โค๏ธ LIKE & SHARE if you find value in these insights โ more alts coming soon! ๐