$SUI

/USDT | Market Update
Category: Layer 1 / Layer 2
Trend: Tight Consolidation (Breakout Pending)
💰 Price: 0.9719
📉 24h Change: -1.05%
📊 24h Volume: 25.37M SUI | $24.63M
📉 24h Range: 0.9527 → 0.9909
📊 Technical Overview
• Price sitting exactly on MA(7), MA(25), MA(99)
• Moving averages fully compressed → volatility squeeze ⚡
• Range tightening between 0.95 – 0.99
• No strong trend — market waiting for catalyst
This is a decision zone before expansion.
📌 Key Levels
🟢 Support • 0.970 – 0.968 (MA cluster base)
• 0.9527 (24h low / strong demand)
• 0.930 – 0.920 (major structure support)
🔴 Resistance • 0.975 – 0.980 (intraday ceiling)
• 0.9909 (24h high / breakout trigger)
• 1.020 – 1.050 (extension target)
🎯 Trade Scenarios
🟢 Bullish Breakout • Strong close above 0.991
• Targets: 1.02 → 1.05
🟡 Range Scalping (Current Setup) • Buy near 0.965 – 0.970
• Sell near 0.980 – 0.990
🔴 Bearish Breakdown • Clean break below 0.952
• Targets: 0.930 → 0.900
⚠️ Risk Notes • Compression phase = fake breakouts common
• Volume must expand on breakout
• Watch BTC direction for confirmation
📌 Bias: Neutral (Breakout Watch)
📌 Volatility: Low → Expansion Likely
📌 Invalidation: Strong move outside 0.952–0.991 range
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