The $SUI trend is currently bearish, but a technical reversal is brewing. Here is the short-term cheat sheet:
Critical Support: $1.02 - $1.05 (If this breaks, look for $0.95).
Immediate Resistance: $1.18 (Needs a 4H candle close above).
Target 1: $1.26 (Strong sell zone).
Target 2: $1.50 (If the "Sui Summer" narrative regains steam).
Why I’m watching: Total Value Locked (TVL) is actually increasing (+2% today) despite the price drop. Capital is flowing into the ecosystem dApps while people sell the token. This divergence usually leads to a sharp "short squeeze."
Poll: Will $SUI reclaim $1.50 before March?
A) Yes, it's a gift price 🎁
B) No, more downside coming 🔻
$SUI #TechnicalAnalysis #SUI🔥 #BinanceSquare