🔍 $SUI /USDT: Consolidating After a Sharp Drop – What’s Next? 📉

$SUI is currently trading at $4.2605, down -3.37% over the past 24 hours. The coin has bounced slightly off its $4.1640 low, but selling pressure remains evident near resistance zones.

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📊 Market Highlights:

24-Hour High: $4.5951

24-Hour Low: $4.1640

Volume: 99.39M SUI, with $435.27M USDT traded, indicating moderate activity.

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📈 Key Levels to Watch:

Support: $4.1640 – Holding above this level is critical to avoid further downside.

Resistance: $4.3585 – A move above this could signal a potential recovery.

Next Target: Sustaining momentum above $4.36 could open the way toward $4.50.

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📌 Analysis:

The price action reflects a consolidating pattern as $SUI attempts to stabilize near $4.26. Breaking above $4.35 with volume could signal renewed bullish sentiment, but failure to hold $4.16 might lead to further declines.

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💡 Pro Tip:

Keep an eye on market volume. An increase near key levels might hint at the next major move. Set stop-losses below $4.16 to minimize risks in this volatile phase.

#SUI #CryptoTrading #Binance #MarketUpdate #GrayscaleSUITrust