🔥I’m watching $SUI /USDT around 0.6940, and the short-term chart is showing a sharp drop followed by a modest bounce. What caught my attention is that price is still holding above the visible MA60 at 0.6922.
📍 Key support: 0.6932, with 0.6922 acting as an important MA-based level.
🚧 Resistance: 0.6958 is the upper visible area I’m watching.
For me, the setup becomes more interesting if SUI can reclaim and hold above 0.6958 with stronger buying activity. That would show the bounce is gaining strength.
On the other hand, losing 0.6932 and especially slipping below 0.6922 would weaken the short-term structure and could put further downside pressure on the chart.
I’m not chasing the move here. I’d rather wait for confirmation around these visible levels and let price action decide the next direction. 📊⚠️
#SUI #SUIUSDT #cryptotrading #TechnicalAnalysis
📍 Key support: 0.6932, with 0.6922 acting as an important MA-based level.
🚧 Resistance: 0.6958 is the upper visible area I’m watching.
For me, the setup becomes more interesting if SUI can reclaim and hold above 0.6958 with stronger buying activity. That would show the bounce is gaining strength.
On the other hand, losing 0.6932 and especially slipping below 0.6922 would weaken the short-term structure and could put further downside pressure on the chart.
I’m not chasing the move here. I’d rather wait for confirmation around these visible levels and let price action decide the next direction. 📊⚠️
#SUI #SUIUSDT #cryptotrading #TechnicalAnalysis
