SUI Under Pressure: Breakdown or Bounce? ๐๐
SUI is still stuck in a clear bearish structure after failing to reclaim the key $1.02 resistance. Since that rejection, price has continued to print lower highs & lower lows, a classic sign that sellers remain in control.
Despite recent weakness, SUI isnโt dumping aggressively. Instead, itโs consolidating below resistance โ a pattern that often signals distribution in a downtrend, not accumulation.
Current Price: ~$0.94
โข Weekly: -18%
โข Monthly: -48%
โข Yearly: -69%
Key Levels to Watch ๐
๐น Support: $0.9171 (make-or-break zone)
โ Holding above โ short-term relief possible
โ Losing it โ opens path toward $0.7271
๐น Resistance Levels:
โข $1.28
โข $1.64
โข $1.97
Any upside move remains corrective unless SUI breaks the pattern of lower highs.
โ ๏ธ Market still fragile โ consolidation may resolve downward if sellers step in.
Disclaimer: This is my personal analysis, not financial advice. Always do your own research and manage risk properly.
Whatโs your view on SUI โ bounce or breakdown? ๐ฌ๐
