$SUI
**Market Update: $SUI Faces Key Support Test - Trading Strategy Inside**
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### **$SUI Technical Snapshot**
**Current Price:** $2.7767 (-2.75% 24h)
**Critical Levels:**
- **Support Zone:** $2.75 (2024 low) → Break targets $2.60
- **Resistance:** $2.85 (20 EMA) → Clearance needed for recovery
**Technical Indicators:**
- 📉 RSI at 42 (neutral but leaning bearish)
- 📊 Volume down 18% vs weekly average
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### **Actionable Trade Plan**
1️⃣ **Conservative Approach:**
- Wait for daily close above $2.85 or below $2.75
- Confirmed breakout determines next direction
2️⃣ **Aggressive Strategy:**
- Short with stop-loss at $2.90 if $2.75 breaks
- Long positions only above $2.90 with volume support
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### **Market Context**
- Part of broader altcoin correction
- Network upgrades expected in Q3 could be catalyst
- Bitcoin dominance affecting capital rotation
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*(Disclaimer: Not financial advice. Trade at your own risk.)*