🔴 $SUI
SUI saw a sharp long liquidation flush near $0.89, indicating overleveraged buyers got wiped out. This type of move often creates short-term volatility and fake bounces. Price is approaching a strong support at $0.85, which must hold to avoid deeper downside. If this level cracks, expect continuation toward $0.78–$0.80. On the upside, resistance stands at $0.92–$0.95, a zone filled with trapped traders waiting to exit. A reclaim above $0.95 could fuel momentum toward $1.02 🎯, but that requires strong volume confirmation. Right now, structure remains slightly bearish after the flush. Best approach is to watch for retests and rejection patterns. Stoploss for longs: $0.84. Next move: possible dead cat bounce into resistance, followed by either rejection or breakout depending on volume strength. Avoid chasing — let the market confirm direction.
