$SUI

SUI
SUI
0.8615
-3.74%

/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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