$SUI is experiencing strong bearish pressure after breaking down from the $1.11 support region. The 15M chart shows a steady downtrend followed by a sharp liquidation move that pushed price all the way to $1.0600 before buyers stepped in aggressively.
The rebound from the local low helped SUI recover slightly toward $1.09, but the overall structure still remains weak as price continues trading below all major EMA levels.
Current EMA positioning:
EMA(7): immediate resistance around $1.097
EMA(25): major short-term resistance near $1.118
EMA(99): broader bearish trend resistance around $1.159
This alignment confirms sellers still dominate momentum despite the temporary bounce.
Key levels to watch:
Support: $1.060 → critical panic-sell low
Resistance: $1.10 then $1.118
Losing $1.060 could trigger another aggressive downside extension
Reclaiming $1.12 may open room for a stronger recovery attempt
Interestingly, order book activity currently shows buyers slightly stronger than sellers, suggesting dip-buyers are trying to stabilize price after the heavy selloff. Still, momentum remains fragile and volatility can stay elevated while SUI trades below major EMA resistance zones.
$SUI
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The rebound from the local low helped SUI recover slightly toward $1.09, but the overall structure still remains weak as price continues trading below all major EMA levels.
Current EMA positioning:
EMA(7): immediate resistance around $1.097
EMA(25): major short-term resistance near $1.118
EMA(99): broader bearish trend resistance around $1.159
This alignment confirms sellers still dominate momentum despite the temporary bounce.
Key levels to watch:
Support: $1.060 → critical panic-sell low
Resistance: $1.10 then $1.118
Losing $1.060 could trigger another aggressive downside extension
Reclaiming $1.12 may open room for a stronger recovery attempt
Interestingly, order book activity currently shows buyers slightly stronger than sellers, suggesting dip-buyers are trying to stabilize price after the heavy selloff. Still, momentum remains fragile and volatility can stay elevated while SUI trades below major EMA resistance zones.
$SUI
#VitalikMovesETHviaPrivacyPools #DuneCuts25%AmidAIEfficiencyPush #TrumpDisclosesTradesIncludingMARAStock #SouthKoreaNPSIncreasesStrategyStake #StriveQ1Results15009BTCHoldings