SUI/USDT (Perp) – Approaching a Critical Support Zone 🔥
$SUI is trading near 0.8837 on the 4H timeframe, continuing its short-term downtrend with clear lower highs and lower lows. After rejection from the 1.03 – 1.05 resistance zone, bearish momentum pushed price toward key support. Sellers remain in control for now, but price is approaching an important demand area where volatility could increase. A strong reclaim of 0.945 would be the first sign of strength, potentially opening upside toward 1.03 and higher.
On the downside, 0.856 is the immediate support to watch. A breakdown below this level could expose the 0.80 – 0.788 major support zone, which may attract dip buyers and trigger a relief bounce. Volume confirmation and strong 4H candle closes will be crucial to validate either a breakdown or reversal. $SUI is sitting at a decision point — traders should prepare for a potential high-momentum move in either direction.
📌 Not financial advice. Trade with proper risk management.
Disclaimer: I am not your financial advisor.
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