🔥 $SUI is showing signs of life! Is a bounce coming?
The SUI/USDC pair is currently trading around $0.98, and after a sharp drop we’re starting to see a small recovery forming on the short timeframe.
📊 What I’m watching on the chart:
• Price bouncing near $0.98 support
• Potential short-term reversal forming
• Volume slowly increasing after the dip
• Price trying to reclaim the MA zone
If bulls step in with stronger volume, we could see a push back toward $0.99 – $1.00.
⚠️ But if support fails, the next area to watch could be around $0.96 – $0.95.
💡 Key takeaway:
This looks like a classic dip reaction zone where traders watch for a scalp or short-term momentum play.
Are you bullish or bearish on $SUI right now? 👀