$SUI /USDT technical analysis (15m)

Current price

Around 1.48

Market structure

Sharp bearish breakdown from the 1.56–1.55 range

Strong impulsive selling with consecutive long red candles

Small green candle indicates a weak dead-cat bounce, not a reversal

Moving averages

Price is below MA7, MA25, and MA99

MA7 sharply pointing down showing strong short-term bearish momentum

MA25 and MA99 overhead confirm trend weakness and act as resistance

Support levels

1.48 immediate support

1.46 short-term support

1.42–1.40 major support zone if selling continues

Resistance levels

1.50 first resistance

1.53–1.55 strong resistance zone

1.56 previous breakdown level

Volume

High sell volume during the drop confirms strong bearish pressure

Recent buying volume is relatively weak, bounce lacks strength

Outlook

Overall bias remains bearish below 1.50

Short-term consolidation or minor bounce possible near 1.46–1.48

Trend reversal only if price reclaims and holds above 1.55

Intraday idea

Below 1.50 sell-on-retest bias remains valid

Above 1.55 structure improves toward recovery

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