🚨 SUI has a clean demand zone sitting under price.
It also has ~6B tokens that haven’t hit the market yet.
Most traders are only looking at the first part.
📊 The setup on the 4H (Binance):
Price: $0.9164
Buy order block: $0.8939–$0.8580
Range high: $0.9650
Range low: $0.8277
The common read is “-83% from the $5.35 ATH, so buy the dip at the block.”
The number I’d check first is supply. About 4.0B of 10B SUI is circulating. At this price the FDV is about $9.2B.
The Nov 1 unlock was only ~13.15M SUI, about 0.32% of circulating. That’s noise on its own. The real risk is the monthly vesting drip into a market that hasn’t reclaimed its highs.
So the chart and the supply picture point in different directions:
→ A clean demand zone sitting under price
→ A token that is still heavily diluted
That makes this a level-based trade, not a valuation call.
🎯 Levels from the chart:
Entry: $0.8945 (top of the block)
Invalidation: $0.8445
T1: $0.9871
T2: $1.1445
Price is ~2.4% above entry, so chasing here makes little sense. The cleaner play is a retest of the block with a reaction. A close back above $0.9650 would be the first sign buyers are in control.
Risk/reward from entry to the stop is about 1.85R to T1 and 5R to T2.
Setup weakens if the block fails and price closes below $0.8580. It’s invalidated at $0.8445. Below that, the $0.8277 low is exposed.
No trade until the zone is retested and holds. Not financial advice.
