$SUI is currently trading around $0.9853, after dropping from the recent high of $1.0498. The rejection above the $1.04 level shows strong short-term selling pressure.
๐ Market Overview:
โข Current Price: $0.9853
โข Recent High: $1.0498
โข Short-Term Trend: Bearish
โข Momentum: Sellers in control
Price failed to hold above the important $1.04 zone and is now trading below the psychological $1.00 level, which may increase volatility in the short term.
๐ Key Levels to Watch:
โข Support: $0.970 โ $0.950
โข Resistance: $1.000 โ $1.020
If SUI reclaims and holds above $1.00 with strong volume, a bounce toward resistance is possible. However, if selling pressure continues, price may move lower toward the support zone.
Trade carefully, wait for confirmation, and always manage your risk.
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