$SUI : Consolidating Near Critical Support Zone

​The price of Sui ($SUI) is currently trading at $1.0645, following a significant corrective phase with a -7.73% decrease. On the 15-minute chart, $SUI is actively testing a major support floor near $1.0596, as bulls attempt to stabilize the price and prevent a deeper breakdown below the psychological $1.05 level.

​Long $SUI

​Entry Zone: $1.0580 – $1.0680

​Stop Loss (SL): $1.0250

​Target 1 (TP1): $1.1060
​Target 2 (TP2): $1.1590
​Target 3 (TP3): $1.2100

​Market Analysis

​$SUI is currently navigating a period of high selling pressure after being rejected from its local high of $1.1064. The steep downward move is showing signs of exhaustion as it approaches the $1.059 local bottom. If buyers can successfully defend this zone, we expect a relief bounce toward the previous resistance areas.

​The 24-hour volume of 23.93M SUI and a turnover of $25.48M indicate that there is still significant liquidity and active interest in the asset. A sustained recovery above $1.0820 would confirm a short-term trend reversal, potentially igniting a rally back toward the daily highs.

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