$SUI /USDT is currently at 0.7658, with the latest price action showing a clear short-term slide from the 0.7700+ area. What caught my attention is that price is now trading below the visible MA60 at 0.7696, keeping near-term momentum under pressure.
đ Key area: 0.7658 is the current visible low and the level Iâm watching for an immediate reaction. If sellers keep pushing below this area, the setup remains weak.
On the upside, 0.7693â0.7696 is the first important zone for me because it lines up with the visible MA60. Above that, Iâm watching 0.7706, followed by the recent visible high around 0.7719.
đ For a recovery setup, Iâd want to see SUI reclaim 0.7696 and hold above it rather than just making a quick bounce.
đ If price continues making fresh short-term lows below 0.7658, Iâd consider the recovery idea weakened.
Iâm not chasing here. For me, the cleaner signal is a confirmed reaction around the current low or a reclaim of the MA60.
đ Key area: 0.7658 is the current visible low and the level Iâm watching for an immediate reaction. If sellers keep pushing below this area, the setup remains weak.
On the upside, 0.7693â0.7696 is the first important zone for me because it lines up with the visible MA60. Above that, Iâm watching 0.7706, followed by the recent visible high around 0.7719.
đ For a recovery setup, Iâd want to see SUI reclaim 0.7696 and hold above it rather than just making a quick bounce.
đ If price continues making fresh short-term lows below 0.7658, Iâd consider the recovery idea weakened.
Iâm not chasing here. For me, the cleaner signal is a confirmed reaction around the current low or a reclaim of the MA60.
