$SUI /USDT Technical Breakdown 📉



SUI is currently cooling off after a sharp move, trading at $0.9443 (+4.61%). After hitting an intraday peak of $0.9609, the 15m chart shows a series of lower highs, indicating a short-term bearish shift in momentum.

Short Entry: $0.9450 – $0.9520
Target 1: $0.9330
Target 2: $0.9270 (Local Support)
Target 3: $0.9150
Stop Loss: $0.9630

Technical Logic:
The price action suggests a "distribution" phase. Following the initial pump, $SUI has failed to reclaim the $0.955 level, and sellers are stepping in on every minor bounce. The volume is tapering off, which often precedes a retest of the lower liquidity zones near $0.927.

Market Note:
While the 24h trend is still green, the immediate structure is heavy. If the support at $0.940 snaps, expect a quick flush. As a spot-focused trader, look for solid entries near the $0.90–$0.92 range for better risk-to-reward.

#Gate13thAnniversaryDr.HanLetter
SUI0.23%
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