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$SUI Testing Crucial Support After Recent Volatility
The price of Sui ($SUI) is currently trading at $0.9227, showing a decline of -8.20% after facing consistent downward pressure. On the 15-minute chart, $SUI is currently attempting to stabilize below its recent local levels but holding above the critical daily support floor at $0.9074, signaling that buyers are stepping in to halt further downside.
Spot Entry Zone
Entry Zone: $0.9150 – $0.9300
Stop Loss (SL): $0.8850
Target 1 (TP1): $0.9566
Target 2 (TP2): $0.9850
Target 3 (TP3): $1.0156
Market Analysis
$SUI is currently navigating a brief consolidation after a sharp correction down from its local high of $0.9566 to its 24-hour low of $0.9074. After finding immediate demand at that baseline, the price has seen a modest green candle structure building up to $0.9227, where it is encountering short-term minor friction. If the price successfully stabilizes within this entry zone and establishes a firm foundation, we anticipate a recovery drive back toward the previous local peak at $0.9566. A clean breakout above this level would allow bulls to reverse the immediate downtrend and retest the upper daily range near the 24-hour high of $1.0156.