📈$ SUI/USDT: Is a Major Bounce Coming After the Heavy Drop? (1D Chart Analysis)
Current Price: $1.3615 (Dec 2, 2025)
This post presents a daily (1D) chart analysis of SUI/TetherUS (SUI/USDT). According to the chart, a potential significant rebound might occur following the recent heavy drop.$SUI
📉 Key Observations
Previous Bullish Move (July): The first green candle on the chart shows a strong bullish movement starting from the low price (red zone).
Sideways Consolidation (Aug–Sep): The middle black rectangle represents a prolonged sideways range, where the price remained trapped for some time.
Bearish Breakdown (October): After the sideways range, a major breakdown occurred, causing the price to drop sharply from around $4.00.
Recent Drop & Support: The second set of red and green candles indicates the recent decline, which has reached the support zone near $1.4274.
Bounce Indication (Arrow): The large grey arrow at the bottom of the chart suggests that traders are anticipating buying at current lows, potentially leading to a significant rebound.
🎯 What’s Next? (Potential Moves)
The current price ($1.3615) is near historical support levels, and indicators like RSI show oversold conditions, making this a potential buying zone.
Long Entry Zone: Around $1.30–$1.40, a bounce is expected.
Short-term Targets:
$2.0293 (previous support, now potential resistance)
$2.4852 (next major resistance)
Stop-Loss: If the price falls below the current support, further decline is possible. Proper stop-loss placement is recommended for risk management.
#SUI
#SUIUSDT
#Crypto
#TechnicalAnalysis#BearishBreakdown
#BullishSetup
#MarketAnalysis
#DYOR
