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🔹 $SUI / USDT — Sui Network
Overview:
SUI is a high-performance Layer-1 blockchain designed for fast, low-cost transactions with strong developer adoption.
Price: ~$1.28
Trend: Bearish correction within larger structure
Technical Analysis:
Support: $1.26 – $1.24
Resistance: $1.30 – $1.34
RSI: Oversold rebound zone
MACD: Bearish but slowing
EMA: Lost short-term EMAs
Pattern: Sharp sell-off → consolidation
Trade Plan:
Entry: $1.25 – $1.27
Targets: $1.30 / $1.34
Stop Loss: $1.22
R:R: ~1:2.8
Outlook:
Short-term: Relief bounce likely
Long-term: Strong Layer-1 fundamentals
Sentiment: Cautiously bullish 📊
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$SUI