SUI is sliding under renewed selling pressure, currently trading right around $0.815–$0.835, down roughly 3.5% to 4% over the past 24 hours.
The price action is carving out a lower range, testing crucial horizontal support near the $0.80–$0.83 floor. Short-term momentum remains defensive as buyers struggle to reclaim the descending channel and mid-term moving averages. Volume is softening, but a decisive breakdown below the $0.80 psychological mark could trigger a faster slide toward deeper demand zones, while bulls need a push back above $0.87 to flip the script.
Is this local dip an ideal accumulation zone before the next macro leg up, or are we heading lower? Watch your risk parameters closely. Stay sharp and trade safely! 📉📊
#SUİ
#Binance
The price action is carving out a lower range, testing crucial horizontal support near the $0.80–$0.83 floor. Short-term momentum remains defensive as buyers struggle to reclaim the descending channel and mid-term moving averages. Volume is softening, but a decisive breakdown below the $0.80 psychological mark could trigger a faster slide toward deeper demand zones, while bulls need a push back above $0.87 to flip the script.
Is this local dip an ideal accumulation zone before the next macro leg up, or are we heading lower? Watch your risk parameters closely. Stay sharp and trade safely! 📉📊
#SUİ
#Binance