$SUI
SUI — a view on the market
TF: 4H
Current price: ~0.90
Trend: descending
Latest important news (according to current data)
Development of the Sui ecosystem — infrastructure updates and expansion of the DeFi direction support long-term interest in the project.
Developer activity and the launch of new dApps — the growth of the ecosystem affects the fundamental valuation of the token.
Overall market condition — with Bitcoin weakness, pressure on altcoins, including SUI, intensifies.
My thoughts:
SUI continues to move in a descending structure with updates of local minima. Attempts at recovery so far look like corrective pullbacks without breaking the trend.
The range of 0.85–0.90 acts as a potential reaction area, but there is no confirmation of a reversal yet.
As long as the price remains below 1.05, selling pressure persists.
Targets:
🎯 TP 1 — 0.98
🎯 TP 2 — 1.05
🎯 TP 3 — 1.15
🛑 SL — 0.82
If SUI consolidates above 1.05, the bearish momentum may weaken, and a rise to 1.15 is possible.
#SUI #SUIUSDT #Crypto #Altcoins #Trading
