$SUI is trading in a controlled downtrend after failing to hold above 1.53 and rotating lower toward the 1.49 demand zone. Price is currently compressing near support, suggesting sellers are losing momentum but buyers have not yet fully taken control. The key support remains at 1.48–1.46; a loss of this zone would open downside toward 1.40. On the upside, resistance is clearly defined at 1.52, followed by a stronger supply area near 1.58. A reclaim and acceptance above 1.52 would signal trend stabilization and open the next upside target at 1.65. Until that happens, price action is likely to remain choppy and corrective. Structure favors confirmation-based entries rather than anticipation.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
$SUI is trading in a controlled downtrend after failing to hold above 1.53 and rotating lower toward the 1.49 demand zone. Price is currently compressing near support, suggesting sellers are losing momentum but buyers have not yet fully taken control. The key support remains at 1.48–1.46; a loss of this zone would open downside toward 1.40. On the upside, resistance is clearly defined at 1.52, followed by a stronger supply area near 1.58. A reclaim and acceptance above 1.52 would signal trend stabilization and open the next upside target at 1.65. Until that happens, price action is likely to remain choppy and corrective. Structure favors confirmation-based entries rather than anticipation.
$SUI