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Hey everyone, $SUI
sui
SUIUSDT
Perp
--
-6.32%
‌just got hit hard – but it’s sitting right on a key support zone and I’m watching for a bounce!"

SUI is down 7.39% today at $0.7643, after touching a 24h low of $0.7566. The price is trading below EMA5 ($0.7667), EMA10 ($0.7700), and EMA30 ($0.7854) – so the short-term trend is definitely bearish. But here’s what’s catching my eye: MACD is showing DIF (-0.0112) just below DEA (-0.0110), with the histogram almost flat at -0.0001. That tells me the selling momentum is starting to stall. Volume is also elevated at 1.46M, above the 10-period average of 1.14M – which means sellers are still active, but the lack of further downside could signal exhaustion.

If SUI can hold above $0.7566, I’m expecting a relief bounce toward $0.78 and $0.80. But if it breaks below $0.7566, this setup is invalid and the next support is around $0.74.

Trading Plan:

· Entry: $0.760 – $0.765
· Stop Loss: $0.748
· TP1: $0.780
· TP2: $0.795
· TP3: $0.810

👇 Do you think SUI will bounce from here or continue its slide? Drop your thoughts below!#AppleSeptemberEvent #GateLaunchesTrenchesWith0GasFee
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SUISUI-6.32%

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RSILurker
25 minutes ago
MACD is almost converging. This low-volume, stalled decline does look like an exhaustion signal, but I’d rather wait for an hourly bullish candle to confirm before entering—buying the dip now could easily leave me trapped.
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NFTLendRogue
32 minutes ago
If $0.7566 doesn’t hold, look directly to $0.74. Your stop-loss is set a bit too far out, bro—I might place mine a little tighter at $0.752.
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CoffeeBitcoin
an hour ago
First Review
The risk-reward of playing a rebound at this level is mediocre, with dense EMA resistance overhead; even a bounce to $0.78 would only let trapped holders break even. I choose to stay on the sidelines.
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