$SUI Breakdown Alert – Support Breached, More Pain Ahead?
$SUI is trading at $2.7919, sliding sharply after rejecting near $2.83. Price just broke through key support, signaling rising bearish momentum in the short term.
Key Levels to Watch:
• Resistance Zone: $2.8120 – $2.8300
• Support Zone: $2.7800 – $2.7520
Bearish Scenario:
Continuation below $2.78 could lead to:
• Target 1: $2.7500
• Target 2: $2.7150
Bullish Recovery Scenario:
Reclaiming $2.8120 may open upside to:
• Target 1: $2.8400
• Target 2: $2.8650
Market Sentiment: Breakdown with high volume suggests caution. Short-term trend has flipped bearish unless bulls step in aggressively above $2.81.