$SUI is currently trading around $0.9853, after dropping from the recent high of $1.0498. The rejection above the $1.04 level shows strong short-term selling pressure.
🔎 Market Overview:
• Current Price: $0.9853
• Recent High: $1.0498
• Short-Term Trend: Bearish
• Momentum: Sellers in control
Price failed to hold above the important $1.04 zone and is now trading below the psychological $1.00 level, which may increase volatility in the short term.
📍 Key Levels to Watch:
• Support: $0.970 – $0.950
• Resistance: $1.000 – $1.020
If SUI reclaims and holds above $1.00 with strong volume, a bounce toward resistance is possible. However, if selling pressure continues, price may move lower toward the support zone.
Trade carefully, wait for confirmation, and always manage your risk.
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