$SUI /USDT Market Update 📉

SUI
SUIUSDT
1.2754
-2.25%

🔹 Current Price: $0.9618

🔻 24H Change: -7.87%

🔺 24H High: $1.0490

🔻 24H Low: $0.9581

SUI faced strong rejection near the $1.04–$1.05 resistance zone and entered a clear correction phase. After breaking below the psychological $1.00 level, the price dropped toward $0.95 support and is now consolidating around $0.96.

The order book shows slightly higher selling pressure (around 51% asks), which indicates bears still have short-term control.

📌 Key Levels to Watch:

Support: $0.95 – $0.96

Resistance: $0.99 – $1.02

If buyers defend the $0.95 area, a short-term bounce toward $1.00+ is possible. However, a breakdown below $0.95 could open the door for further downside.

What’s your view?

Is this a dip-buying opportunity or should we wait for stronger confirmation?

#SUI #Crypto #Altcoins #CryptoMarket #trading