Battle Report
#041 —
$SUI /USDT
SUI is showing early signs of a turn — up 4.92% today, and 7-day is now positive at 3.78%, breaking out of a long downtrend that saw price fall from $1.4223 all the way to $0.6354. That's a sharp bounce off support with real volume behind it.
Zoom out and the bigger picture is still cautious: 30-day is +10.36%, but 90-day is -2.32%, 180-day -15.06%, and 1-year -76.50%. This move looks like the early stage of a recovery inside a much deeper downtrend, not a confirmed reversal yet.
The Bollinger Bands tell an interesting story too — price just pushed back above the middle band after spending weeks below it, and the bands are starting to widen again after a long squeeze, which often signals a shift in momentum building.
Battlefield Levels:
Support: $0.6354–$0.7038
Resistance: $0.9412
Major resistance: $1.1147–$1.2882
Trade Setup:
Entry: $0.75–$0.78 after confirmation of a hold above $0.7038
SL: $0.68
TP1: $0.9412
TP2: $1.1147
TP3: $1.2882
After a long grind lower, this is the first setup on SUI's chart that actually looks worth watching closely.
Turning point, or another failed bounce? Comment "Turning Point" or "Failed Bounce" 👇
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