$SUI is currently trading near $0.9308, showing short-term recovery after touching the 24h Low at $0.9146. The market earlier tested the 24h High at $0.9744, confirming strong intraday volatility.
📊 Price Action & High/Low Movement
The pair faced heavy selling pressure from the $0.97 zone and corrected nearly 6% downward toward $0.91 support. However, buyers stepped in strongly near $0.9146, creating a short-term reversal structure.
Current price is stabilizing above $0.928–$0.930, showing consolidation before the next breakout attempt.
📈 Moving Average (MA) Analysis
MA(5) is starting to turn upward.
MA(10) is flattening after a downward slope.
Price is trying to stay above short-term MA levels, signaling possible bullish momentum build-up.
If price sustains above $0.935, we could see a move toward:
🎯 $0.9511 resistance
🎯 $0.9642 resistance
🎯 Retest of $0.9744 high
If price drops below $0.9146, downside risk opens toward $0.900 psychological support.
📊 Volume (VOL) Analysis
24h Volume (SUI): 34.00M
24h Volume (USDT): 31.95M
Recent candles show increasing green volume during bounce.
MA(5) Volume line is rising, signaling buying pressure returning.
High volatility + strong volume spike = Market preparing for next big move.
🔥 Market Sentiment
Short-term trend: Recovery Phase Mid-term structure: Still weak until $0.95 breakout Momentum building with increasing buy volume.
💎 Conclusion
SUI/USDT is currently in a bounce phase after hitting support at $0.9146. If volume continues increasing and price holds above short-term MA, bullish momentum may push price toward $0.95–$0.97 zone again.
⚠️ Watch volume carefully — strong breakout needs high volume confirmation.
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