đ Sui ($SUI ) at $0.9764 â Sub-$1 Opportunity or Breakdown Risk? đ„
âïžSui is one of the most talked-about Layer 1 ecosystems, built for high throughput and scalable Web3 applications. With strong VC backing and growing on-chain activity, SUI often reacts sharply to market momentum.
Currently, $SUI = $0.9764 â trading just below the psychological $1 level. That makes this zone critical. đ
đ Technical Outlook
đ§± $0.95 â $0.97 â Immediate support zone
âïž $1.05 â First resistance
đ Above $1.15 â Momentum expansion area
âïžThe $1 level is psychological. A strong breakout and daily close above it could trigger FOMO-driven buying.
Failure to reclaim it may keep price under pressure short term.
đ Fundamental Drivers
â Expanding Sui ecosystem (DeFi + gaming)
â Network activity & TVL growth
â Overall altcoin market sentiment
âïžLayer 1 tokens tend to move aggressively when capital rotates from BTC into altcoins. If dominance drops, SUI could benefit quickly.
đ§ Possible Scenarios
đč Hold above $0.95 â Attempt to reclaim $1
đč Break above $1.05 with volume â $1.20 area in play
đč Lose $0.95 â Retest of $0.85 support
đĄ Strategy Insight
âïž Watch volume at the $1 breakout
âïž Avoid chasing weak candles
âïž Manage risk carefully under key support
Sub-$1 levels often create strong narrative zones but only volume confirms direction.
Is $SUI building a base under $1⊠or preparing for another dip first? đ
#SUI #Layer1 #Altcoins #Crypto #BinanceSquare
