After weeks of regular promoting strain, the SUI price is now standing at an important level. The token lately slipped beneath the key $1 assist degree, extending a transparent sample of decrease highs and decrease lows. Sellers have managed the construction for a while, and the newest breakdown pushed SUI again into the worth vary it traded in earlier than the 2025 breakout. Now, worth is sitting inside a well-known demand zone that beforehand sparked sturdy upside momentum.
In the meantime, the descending resistance stays firmly in place, and there aren’t any confirmed indicators of a pattern reversal but. So the large query is easy: can this assist zone set off a rebound, or is SUI getting ready for an additional leg decrease?
SUI confronted a pointy rejection in the early days of the yr, which rapidly developed right into a deeper correction, wiping out practically 55% of its earlier features. Though bulls stepped in to gradual the decline, they did not reclaim and maintain above the essential $1 degree, maintaining the broader construction underneath strain. At current, worth continues to commerce beneath key resistance, suggesting sellers nonetheless maintain the higher hand. Nevertheless, related demand zones in the previous have triggered sturdy rebounds. The query now could be whether or not bulls can regain momentum or if one other leg decrease continues to be forward.
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SUI just isn’t “simply consolidating”—it’s compressing after a accomplished impulse, which is precisely the place uneven trades type. The weekly construction exhibits two full enlargement cycles (+505% and +1050%), every preceded by a falling wedge and a better low on the macro trendline. The present worth motion is repeating that very same playbook.
What issues now could be the place threat is outlined. The $0.90–$0.95 zone is the line bulls should defend. Value is compressing into the apex of the wedge whereas volatility is contracting, a traditional pre-expansion situation. This isn’t weak spot; it’s vitality storage.
If the SUI worth reclaims $1.30–$1.36 on a weekly shut, it confirms Wave 3 initiation. That opens measured targets at $2.22 → $3.53 → $4.90, with an prolonged cycle projection towards $6.5–$13 if momentum mirrors prior waves. Failure solely happens on a weekly shut beneath $0.85; till then, draw back is outlined, and upside is exponential.
FAQs
SUI fell beneath $1 attributable to sustained promoting strain, decrease highs, and failed makes an attempt by bulls to reclaim key resistance ranges.
A rebound is feasible if consumers reclaim $1.30–$1.36 on a weekly shut, confirming a possible bullish Wave 3 cycle.
Measured upside targets begin at $2.22, adopted by $3.53 and $4.90, with prolonged projections towards $6.5–$13.
SUI would verify draw back failure solely on a weekly shut beneath $0.85, which defines threat for bulls and sellers’ management.
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