$SUI WILL RECOVER ???
#BinanceReopensWithdrawalsForMoreAssets #USOctoberNFP-AreRateCutsStillPossible
sUI is showing short-term bearish pressure, with sellers pushing the price below the $0.90 psychological level. The key question now is whether buyers can defend the $0.85–$0.86 support zone or whether another leg down is coming.
1. Latest market snapshot
SUI price
$0.868–0.869
Bearish pressure
24-hour change
−3.6%
Approx. $249M volume
7-day change
−4.6%
Downward momentum
Market cap
$3.6B
Approximate
If SUI holds $0.85 and breaks above $0.91 with strong volume:
First target: $0.94–0.96
Second target: $1.00
Stronger recovery: $1.03+
A daily close above $0.96 would improve the bullish structure considerably.
🔴 Bearish scenario
If SUI breaks below $0.85 with strong selling volume:
First target: $0.82
Second target: $0.80
Extended downside: $0.78
A sustained move below $0.85 would weaken the short-term structure further.
Neutral-to-bearish 📉
SUI is not showing a confirmed bullish reversal yet. The price is approaching a potential support area, but buying before confirmation carries additional risk.
My preferred approach: Wait for either a confirmed bounce from $0.85–0.86 or a breakout above $0.91 before considering a directional trade.
BTC direction: SUI may experience additional downside if Bitcoin weakens.
Volume: A recovery with increasing volume would be more convincing.
SUI ecosystem news: reports a DEX exploit involving approximately $529K, which may add short-term uncertainty.
Daily candle close: A close above $0.91 would be an early sign of improving momentum.
Bottom line: SUI is near an important
#BinanceReopensWithdrawalsForMoreAssets #USOctoberNFP-AreRateCutsStillPossible
sUI is showing short-term bearish pressure, with sellers pushing the price below the $0.90 psychological level. The key question now is whether buyers can defend the $0.85–$0.86 support zone or whether another leg down is coming.
1. Latest market snapshot
SUI price
$0.868–0.869
Bearish pressure
24-hour change
−3.6%
Approx. $249M volume
7-day change
−4.6%
Downward momentum
Market cap
$3.6B
Approximate
If SUI holds $0.85 and breaks above $0.91 with strong volume:
First target: $0.94–0.96
Second target: $1.00
Stronger recovery: $1.03+
A daily close above $0.96 would improve the bullish structure considerably.
🔴 Bearish scenario
If SUI breaks below $0.85 with strong selling volume:
First target: $0.82
Second target: $0.80
Extended downside: $0.78
A sustained move below $0.85 would weaken the short-term structure further.
Neutral-to-bearish 📉
SUI is not showing a confirmed bullish reversal yet. The price is approaching a potential support area, but buying before confirmation carries additional risk.
My preferred approach: Wait for either a confirmed bounce from $0.85–0.86 or a breakout above $0.91 before considering a directional trade.
BTC direction: SUI may experience additional downside if Bitcoin weakens.
Volume: A recovery with increasing volume would be more convincing.
SUI ecosystem news: reports a DEX exploit involving approximately $529K, which may add short-term uncertainty.
Daily candle close: A close above $0.91 would be an early sign of improving momentum.
Bottom line: SUI is near an important
