$SUI REVERSAL REJECTED: SELLERS BACK IN CONTROL?
$SUI is currently trading at $3.6852, up +4.07% on the day. However, after failing to sustain above the $3.70 level, price sharply rejected and is now testing lower support. The recent sell-off is hinting at weakening momentum, and bulls must defend the next key zone to avoid deeper correction.
Key Technical Levels:
• Immediate Resistance: $3.7050 – $3.7400
Strong rejections in this area are pushing price lower. A breakout above $3.74 is essential for any bullish continuation.
• Critical Support: $3.6720 – $3.6400
Price is sitting just above this zone. A clean break below $3.6720 could trigger a sharp move toward the $3.60 region.
• 24h Range:
• High: $3.7448
• Low: $3.5271
Trade Setup:
Bullish Setup:
• Entry: Above $3.7050
• TP1: $3.7300
• TP2: $3.7500
Bearish Setup:
• Entry: Below $3.6720
• TP1: $3.6400
• TP2: $3.6000
Stop-Loss Levels:
• Longs: Below $3.6680
• Shorts: Above $3.7100
SUI failed to hold gains above $3.70 and is now slipping back into a danger zone. If $3.6720 breaks, expect further downside. Bulls must reclaim $3.7050 quickly to regain momentum.