$SUI /USDT Falling Into Support Zone Bounce or Breakdown?
After failing to hold the $3.09 level post a double bottom at $3.52, $SUI continues its downtrend, now testing a major support zone around $2.49.
If bulls step in here, a technical bounce is likely with clean targets ahead. But a breakdown below this zone could accelerate losses.
Key Levels:
🔸 Support: $2.49
🔸 Resistance: $2.73
Potential Long Trade Setup (Bounce Play):
Entry: $2.52
TP1: $2.68
TP2: $2.83
TP3: $2.98
Stop Loss: $2.39
$SUI Wait for a bullish confirmation before entry catching a falling knife can be costly.