$SUI Breakdown Alert – Support Breached, More Pain Ahead?
$SUI saw a sharp rejection from the $2.58 zone and has now plunged below multiple support levels. Despite a daily gain of +2%, the 15m chart shows strong bearish momentum taking over. Bulls are in trouble if $2.45 fails to hold.
Key Technical Zones:
• Resistance Zone: $2.50 – $2.55 (previous support flipped resistance)
• Support Zone: $2.45 – $2.42 (final short-term floor)
Trade Setup – Watch for Follow-Through Breakdown
Bearish Entry: Below $2.45
• Target 1: $2.39 (next demand zone)
• Target 2: $2.31 (24h low retest)
• Stop-Loss: Above $2.51
Bullish Entry: Only above $2.55
• Target 1: $2.61
• Target 2: $2.67
• Stop-Loss: Below $2.45
SUI broke down from an intraday range with rising volume on red candles — a classic sign of sell pressure. If $2.45 doesn’t hold, expect a quick flush toward $2.39 or even lower. Bulls must reclaim $2.50 quickly or risk further downside. Tighten stops and stay alert!