$SUI /USDT: Pullback to $5.0827 (-2.64%) After Rejection at $5.3687 – What’s Next?

Sui ($SUI ) is trading at $5.0827, down -2.64% after a sharp rejection from the day’s high of $5.3687. The token is now consolidating near its daily low of $4.9779, signaling potential volatility ahead.

Key Levels to Watch:

Resistance: $5.2449 – Breaking above this level could pave the way for a retest of $5.3687.

Support: $4.9779 – Holding above this level is critical to prevent further downside.

Market Observations:

$SUI has faced consistent selling pressure after failing to sustain momentum above $5.35.

The bounce from $4.9779 shows buyers are stepping in, but momentum remains cautious.

Potential Scenarios:

Bullish Rebound: A move above $5.2449 could reignite bullish momentum, targeting $5.3687 and beyond.

Bearish Breakdown: Losing $4.9779 may lead to a deeper pullback toward $4.9500 or lower.

Traders should monitor volume and price action near these key levels. Will $SUI recover and reclaim lost ground, or is further consolidation on the horizon?

#SuiToken #SUIPriceAction #CryptoTrading
#BTC100KTrumpEffect