Quick update, traders! $SUI

SUI

1.5938

+1.17%

saw a sharp rejection from the 1.66 high and sold off aggressively, slicing below short-term EMAs. Price is now stabilizing near 1.56, showing a pause after the dump, but structure remains weak unless bulls reclaim key averages.

Support: 1.55 – 1.52

Resistance: 1.59 – 1.64

Momentum is bearish — expect consolidation or another leg unless buyers step in strongly.