$SUI BEARS IN CONTROL: FRESH BREAKDOWN OR FAKEOUT AHEAD?
$SUI is trading at $3.6306, down -6.96% in the last 24 hours. After multiple failed bounce attempts, the price has now broken below short-term support, signaling further downside risk. Volume is strong at 197.58K, and sell pressure dominates the order book with 62.04% on the ask side.
Key Levels to Watch:
• Immediate Resistance: $3.6600
If reclaimed, recovery targets include:
• TP1: $3.6950
• TP2: $3.7450
• Support Zone: $3.6200 – $3.5900
A breakdown below this could lead to:
• TP1: $3.5200
• TP2: $3.4700
Trade Setup:
• Bearish Entry: On 15m confirmation below $3.6200
• Stop-Loss: Above $3.6600
• Bullish Entry (risky): Only on strong close back above $3.6600
• Stop-Loss: Below $3.6280
$SUI is breaking down. If $3.6200 fails to hold, expect accelerated downside. Bulls need a sharp reversal soon—otherwise, bears remain in charge.