$SUI

📍 Current Price: 2.8287

📈 Last Peak: 2.8573

📉 A small red candle has started after a very strong rise.

🔍 Technical Notes:

The price has failed to exceed 2.8573 twice in a row → A very strong resistance signal.

The current candle has started red with weakness in buying momentum.

MA7 (2.81) is still above MA25 (2.63), but the distance has started to narrow → A potential correction is near.

Trading volumes are clearly decreasing → Weak buyers.

📊 Expected Scenarios:

🔻 First Scenario (currently likely):

Failure to exceed 2.85 leads to a correction towards:

2.78 (First Support)

2.70 (Second Important Support)

And if 2.70 is broken, the price will return to 2.63.

Second Scenario (Bullish Breakout):

If the price returns and firmly breaks 2.86 for 15–30 minutes with strong trading volume

→ It may rise to 2.95 – 3.00.

🎯 Immediate Recommendation:

Selling now is partially safe for those who bought from the 2.4–2.6 areas (Take Profit).

Immediate buying at 2.82 is not recommended, as the price is at a peak and overbought.

Watch the 2.78 area; if it bounces back strongly, short buying can be considered.

$SUI

SUI
SUI
1.6036
+1.21%