🔍 SUI Market Update (SUI/USDC)

SUIUSDT
Perp
0.8999
-18.05%
$SUI SUI is trading near $1.00 after a sharp ~10% intraday drop, showing clear short-term weakness. Price is below MA60, confirming bearish pressure.
📉 What the chart says
Strong sell-off from $1.12 area
Weak bounce attempts, sellers still in control
Volume declining → no strong dip-buyers yet
📌 Key levels
Support: $0.98 – $1.00
Resistance: $1.05 – $1.12
⚠️ Bias As long as SUI stays below $1.05, upside looks limited. A clean hold above $1.00 is needed to avoid further downside.
Market is in wait-and-see mode, not a chase zone.
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