Stop focusing only on $BTC ! This pullback in $SUI could be setting the stage for the next rally!
A lot of people panic when they see $SUI falling for several consecutive sessions, but I’m actually starting to pay attention to it.
$SUI is currently trading at around $0.796, down about 2.21% over the past 24 hours. It has pulled back from above $0.86 and recently gone through a clear short-term correction.
Here’s the key:
$0.765: A key support zone. The price has recently bounced here; if it holds, that suggests buyers are still stepping in below.
$0.805–$0.820: The first hurdle for a rebound. If the price regains and holds this range, short-term bulls may be able to take back the initiative.
$0.850: The next target zone. If the price breaks through the resistance above on strong volume, there could be more room for a rebound.
My view is clear: I’m bullish on $SUI in the short to medium term!
Rather than chasing a rally, I’m more interested in opportunities like this, where the price has pulled back and is looking for support. As long as it doesn’t decisively break below around $0.765, I’d be more inclined to look for opportunities to build a position gradually than to blindly turn bearish.
Of course, if it breaks below support on strong volume, risk should be managed promptly.
Next, I’ll be watching closely to see whether $SUI can get back above $0.82.
Do you think $SUI will head for $0.85 next, or continue pulling back to $0.76? Share your target price in the comments! #SUI
A lot of people panic when they see $SUI falling for several consecutive sessions, but I’m actually starting to pay attention to it.
$SUI is currently trading at around $0.796, down about 2.21% over the past 24 hours. It has pulled back from above $0.86 and recently gone through a clear short-term correction.
Here’s the key:
$0.765: A key support zone. The price has recently bounced here; if it holds, that suggests buyers are still stepping in below.
$0.805–$0.820: The first hurdle for a rebound. If the price regains and holds this range, short-term bulls may be able to take back the initiative.
$0.850: The next target zone. If the price breaks through the resistance above on strong volume, there could be more room for a rebound.
My view is clear: I’m bullish on $SUI in the short to medium term!
Rather than chasing a rally, I’m more interested in opportunities like this, where the price has pulled back and is looking for support. As long as it doesn’t decisively break below around $0.765, I’d be more inclined to look for opportunities to build a position gradually than to blindly turn bearish.
Of course, if it breaks below support on strong volume, risk should be managed promptly.
Next, I’ll be watching closely to see whether $SUI can get back above $0.82.
Do you think $SUI will head for $0.85 next, or continue pulling back to $0.76? Share your target price in the comments! #SUI
