SUIUSDT
Perp
0.7966
-1.00%
is currently under selling pressure. But I wouldn’t rush to write this project off completely.
In my view, the following levels will be decisive:
$0.773 is important support. A break below it could open the way to $0.73.
$0.824 is the first serious resistance. A sustained move above it would signal a possible recovery.
My forecast: for now, sellers still have the upper hand. But if buyers return in force, SUI could see a decent bounce.
I wouldn’t try to catch a falling knife right now. First, I want to see confirmation of a reversal.
SUI holders, who’s still adding to their position, and who’s already getting ready to exit? 👇