$SUI Dips Below Key Support! ๐Ÿšจ

The bears have taken the reins! After testing a high of $3.0859, $SUI has plunged to $2.9095, marking a -5.19% drop in the last 24 hours. The sharp red hourly candles hint at aggressive sell pressure, with 87.52% of the order book skewed towards selling.

๐Ÿ“Š Chart Analysis:

Key Support Breached: The price touched a low of $2.9042, close to a critical support zone. If this breaks, expect a potential slide toward $2.85.

Volume Spike: 24h trading volume stands at $197M+, indicating strong market activityโ€”mostly from sellers.

Long-Term View: Despite the short-term pain, $SUI has still gained 193.21% over the past year, showing strong macro momentum.

๐Ÿ“ˆ Trading Signals:

Bearish Bias in the short term. Look for confirmation of support near $2.90 before planning any long entries.

Watch for Bounce Plays if buyers reclaim the $2.95-$3.00 zone.

Risk Management is keyโ€”consider tight stop-losses below $2.89.

๐Ÿ’ฌ โ€œEvery dip tells a storyโ€”are you listening or panicking?โ€ Seasoned traders are eyeing the next bounce, while weak hands are exiting. Which one are you?

๐Ÿ” Investor Tip: If you're in for the long haul, this correction might just be your next accumulation opportunity. But short-term tradersโ€”proceed with caution.

๐Ÿ“‰ Disclaimer: This post is for educational purposes only and does not constitute financial advice. Always DYOR before investing.

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