$SUI USDT is trying to find its footing, but buyers still have something to prove.
SUI is trading around $0.8153 after a steady decline on the 15-minute chart. Earlier, price reached $0.8402, but sellers took control and pushed it down to $0.8089.
Now we're seeing a small recovery. The important question is whether this is the beginning of a real reversal or just a temporary bounce.
Here are the levels I'm watching:
- Current price: $0.8153
- 24H high: $0.8536
- 24H low: $0.8089
- Immediate support: $0.8120
- Critical support: $0.8089
- First resistance: $0.8211
- Next resistance: $0.8280
- Major resistance: $0.8349
- Previous swing high: $0.8402
Bullish scenario:
If buyers defend the $0.8120–$0.8089 zone and reclaim $0.8211, SUI could start recovering toward $0.8280. A clean breakout above that level would bring $0.8349 and eventually $0.8402 into focus.
Bearish scenario:
If the $0.8089 support breaks with strong selling pressure, the current recovery idea loses strength. I would rather wait for a new structure than jump into a falling market.
One thing stands out: SUI is down 12.31% over seven days, so the market still needs stronger buying pressure to confirm a trend reversal.
I'm not interested in chasing a few green candles. I want to see a confirmed support hold, stronger buying, and a proper resistance reclaim.
No forced entries. No emotional trades. Cash is a position.
My question is simple: Can SUI reclaim $0.8211 and turn this bounce into a recovery, or will sellers test $0.8089 again?
The next few 15-minute candles matter. Let's see who takes control.
#HotCPIDecemberHikePriced #CPITestsDecemberRateOutlook
#AnthropicRejectsIPODelayValuationinQuestion #TradFiForBeginners #CanNvidiaEarningsEaseMarketConcerns?
SUI is trading around $0.8153 after a steady decline on the 15-minute chart. Earlier, price reached $0.8402, but sellers took control and pushed it down to $0.8089.
Now we're seeing a small recovery. The important question is whether this is the beginning of a real reversal or just a temporary bounce.
Here are the levels I'm watching:
- Current price: $0.8153
- 24H high: $0.8536
- 24H low: $0.8089
- Immediate support: $0.8120
- Critical support: $0.8089
- First resistance: $0.8211
- Next resistance: $0.8280
- Major resistance: $0.8349
- Previous swing high: $0.8402
Bullish scenario:
If buyers defend the $0.8120–$0.8089 zone and reclaim $0.8211, SUI could start recovering toward $0.8280. A clean breakout above that level would bring $0.8349 and eventually $0.8402 into focus.
Bearish scenario:
If the $0.8089 support breaks with strong selling pressure, the current recovery idea loses strength. I would rather wait for a new structure than jump into a falling market.
One thing stands out: SUI is down 12.31% over seven days, so the market still needs stronger buying pressure to confirm a trend reversal.
I'm not interested in chasing a few green candles. I want to see a confirmed support hold, stronger buying, and a proper resistance reclaim.
No forced entries. No emotional trades. Cash is a position.
My question is simple: Can SUI reclaim $0.8211 and turn this bounce into a recovery, or will sellers test $0.8089 again?
The next few 15-minute candles matter. Let's see who takes control.
#HotCPIDecemberHikePriced #CPITestsDecemberRateOutlook
#AnthropicRejectsIPODelayValuationinQuestion #TradFiForBeginners #CanNvidiaEarningsEaseMarketConcerns?
