Current price: $0.7109
Previous peak around $5.36
Long-term trend is still bearish.
Price is trading below MA(7) and MA(25), which indicates sellers are stronger.
Volume is decreasing, showing weak buying interest.
Support and Resistance
Level
Price
Strong Support
$0.69
Next Support
$0.60
Resistance 1
$0.80
Resistance 2
$1.00
Major Resistance
$2.10
Short-Term Outlook
Bullish Scenario 📈
If SUI stays above $0.69 and breaks $0.80, it could move toward:
$0.90
$1.00
$1.20
Bearish Scenario 📉
If $0.69 support breaks, price could fall to:
$0.65
$0.60
$0.50
Should You Buy Now?
For long-term investors
✅ Buying a small amount and using DCA (Dollar Cost Averaging) can be reasonable.
For short-term traders
⚠️ I would wait for:
A breakout above $0.80, or
A pullback near $0.65–0.69 with strong volume.
My Probability Estimate
55% chance of recovery toward $0.90–1.00.
45% chance of dropping to $0.60–0.65 first.
Risk Level
Medium to High (7/10)
A break below $0.69 would be a warning sign. If you plan to buy, consider:
Entry: $0.68–0.72
Stop-loss: $0.62
First target: $0.90
Second target: $1.10–1.20