$SUI is facing some heavy sell pressure on the 1H chart. 📉 After hitting a local high near 1.98, we've seen a consistent series of lower highs and lower lows.
We are currently testing a critical support zone around the 1.76 - 1.77 level. The volume is starting to thin out, which often precedes a volatility spike.
I'm watching for a double bottom here or a breakdown toward the next psychological support.
SUI
0.902
-5.45%
Key Resistance: 1.85
Key Support: 1.76
Trend: Bearish (Short-term)
Keep your stop losses tight! 🛡️