SUI Dumped 7.4% After Hitting $0.96 — Dead Cat or Golden Entry? 🤔
SUI ran from $0.77 to $0.96, then got slammed back to $0.785. That is a 37% drop from the intraday high. But here is the thing: the 4H RSI reset to 52.4. That is not weakness — that is a healthy reset.
📊 What I See:
• Price: $0.7853 (-7.4%)
• 4H RSI: 52.4 — neutral, clean reset
• Daily RSI: 61.3 — still in bullish territory
• Volume: $87.2M, 1.92x average
• Long/Short: 3.07 — heavy long positioning
• Daily trend: Still strong uptrend
🧠 Why This Trade:
The sharp pullback from $0.96 shook out weak hands, but the daily uptrend is intact. SUI is a high-performance L1 with real ecosystem growth, and pullbacks like this are where patient traders accumulate. The 4H RSI at 52 is a blank canvas — it can go either way, but the daily trend bias is up.
📋 My Plan:
Entry: $0.82-$0.87 (wait for stabilization)
Stop: $0.75 (below the daily SMA25)
TP1: $0.96 | TP2: $1.05
Risk/Reward: 1.2 — best R:R on my list today
⚡ This is my highest-conviction hold/accumulate setup today. The R:R at these levels is hard to ignore.
Is SUI still on your watchlist or did this dump scare you off? Be honest 👇
#SUI #Layer1 #DYOR
⚠️ This is my personal analysis, not financial advice. Crypto is extremely volatile — always do your own research and never risk more than you can afford to lose.
SUI ran from $0.77 to $0.96, then got slammed back to $0.785. That is a 37% drop from the intraday high. But here is the thing: the 4H RSI reset to 52.4. That is not weakness — that is a healthy reset.
📊 What I See:
• Price: $0.7853 (-7.4%)
• 4H RSI: 52.4 — neutral, clean reset
• Daily RSI: 61.3 — still in bullish territory
• Volume: $87.2M, 1.92x average
• Long/Short: 3.07 — heavy long positioning
• Daily trend: Still strong uptrend
🧠 Why This Trade:
The sharp pullback from $0.96 shook out weak hands, but the daily uptrend is intact. SUI is a high-performance L1 with real ecosystem growth, and pullbacks like this are where patient traders accumulate. The 4H RSI at 52 is a blank canvas — it can go either way, but the daily trend bias is up.
📋 My Plan:
Entry: $0.82-$0.87 (wait for stabilization)
Stop: $0.75 (below the daily SMA25)
TP1: $0.96 | TP2: $1.05
Risk/Reward: 1.2 — best R:R on my list today
⚡ This is my highest-conviction hold/accumulate setup today. The R:R at these levels is hard to ignore.
Is SUI still on your watchlist or did this dump scare you off? Be honest 👇
#SUI #Layer1 #DYOR
⚠️ This is my personal analysis, not financial advice. Crypto is extremely volatile — always do your own research and never risk more than you can afford to lose.