$SUI SUI Is Sitting on a Knife-Edge. This Level Decides Everything.
SUI just went through a significant correction, and the price is now around 1.00. This level isn’t random; it’s important both psychologically and structurally. Let’s calmly look at the chart. Market Structure (1H) SUI is still clearly in a downtrend: - Strong lower highs - Continuous lower lows - Momentum has remained bearish for days The drop from 1.46 to 1.00 was sharp, which indicates that weak hands have already sold off. What matters now is how the market reacts, not making predictions.
Key Levels to Watch Resistance Zones - 1.08 to 1.10: Local supply or pullback ceiling - 1.18 to 1.22: Major breakdown zone
Support Zones - 1.00: Psychological and intraday support - 0.95 to 0.97: Strong demand area - 0.90: Last visible support if panic continues
Indicator Context (Simple Read) RSI (1H): Deeply oversold; selling pressure is stretched KDJ: Extremely low; a bounce is possible but unconfirmed OBV: Still weak; buyers haven’t gained control yet This suggests potential for a relief bounce, not a trend reversal.
Bullish Scenario (Only If Confirmed) SUI stays above 1.00. Forms a higher low on the 1H chart. Breaks and holds above 1.08. If this occurs, a move towards 1.15 to 1.20 could happen as part of a relief rally. This would still be corrective, not the start of a new upward trend.
Bearish Scenario (Risk Still Active) A clear drop below 1.00. A weak bounce fails below resistance. Price moves towards the 0.95 to 0.90 demand area. Below that, the structure opens up for greater declines.
Final Thought SUI is oversold but not safe yet. This is a decision zone, not a good entry point for impatient traders. Smart money waits for confirmation. Emotional money buys too early. Do you think SUI will hold above 1.00, or is demand lower?#BuyTheDipOrWaitNow?
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$SUI SUI Is Sitting on a Knife-Edge. This Level Decides Everything.
SUI just went through a significant correction, and the price is now around 1.00. This level isn’t random; it’s important both psychologically and structurally.
Let’s calmly look at the chart.
Market Structure (1H)
SUI is still clearly in a downtrend:
- Strong lower highs
- Continuous lower lows
- Momentum has remained bearish for days
The drop from 1.46 to 1.00 was sharp, which indicates that weak hands have already sold off. What matters now is how the market reacts, not making predictions.
Key Levels to Watch
Resistance Zones
- 1.08 to 1.10: Local supply or pullback ceiling
- 1.18 to 1.22: Major breakdown zone
Support Zones
- 1.00: Psychological and intraday support
- 0.95 to 0.97: Strong demand area
- 0.90: Last visible support if panic continues
Indicator Context (Simple Read)
RSI (1H): Deeply oversold; selling pressure is stretched
KDJ: Extremely low; a bounce is possible but unconfirmed
OBV: Still weak; buyers haven’t gained control yet
This suggests potential for a relief bounce, not a trend reversal.
Bullish Scenario (Only If Confirmed)
SUI stays above 1.00.
Forms a higher low on the 1H chart.
Breaks and holds above 1.08.
If this occurs, a move towards 1.15 to 1.20 could happen as part of a relief rally.
This would still be corrective, not the start of a new upward trend.
Bearish Scenario (Risk Still Active)
A clear drop below 1.00.
A weak bounce fails below resistance.
Price moves towards the 0.95 to 0.90 demand area.
Below that, the structure opens up for greater declines.
Final Thought
SUI is oversold but not safe yet.
This is a decision zone, not a good entry point for impatient traders.
Smart money waits for confirmation.
Emotional money buys too early.
Do you think SUI will hold above 1.00, or is demand lower?#BuyTheDipOrWaitNow?