$SUI at Key Support – Can Bulls Defend or Will Bears Extend the Drop?
$SUI is trading at $3.6588, after facing heavy selling pressure from recent highs. The price is now sitting near a key support zone, where the next move could decide short-term direction.
Key Levels to Watch
• Resistance: $3.80 – A breakout above this level could fuel a recovery toward $3.95 and $4.10.
• Support: $3.64 – Losing this level may extend the decline toward $3.50 and $3.40.
Trade Setup – Two Scenarios Ahead
Bullish Entry:
• A confirmed breakout above $3.80 could target:
• TP1: $3.95
• TP2: $4.10
Bearish Entry:
• A breakdown below $3.64 could target:
• TP1: $3.50
• TP2: $3.40
Final Note
$SUI is at a decision point. Bulls must defend $3.64 to prevent deeper downside, while bears will look to push the momentum lower if support fails.