Here’s the technical analysis report for $SUI /USDT based on the provided chart:

$SUI is currently trading at 1.4543 USDT, showing a slight gain of +1.99% over the past 24 hours. The price saw a recent high of 1.5769 USDT, after which some selling pressure pushed the price down. The current support seems to be forming around the 1.3952 USDT mark, and the price is consolidating between this support and the recent high.

The immediate support at 1.3952 USDT will be critical to watch. If this level holds, there could be an opportunity for the price to rebound and retest the resistance at 1.5769 USDT. However, if the support fails, the price might drop further, potentially targeting the 1.3000 USDT zone.

Overall, $SUI has been in an uptrend, but the recent pullback suggests some profit-taking. As the price consolidates, traders should watch the key support and resistance levels for a potential breakout in either direction. If the bulls manage to push the price above 1.5769 USDT, it could open the door for further gains.

#BTC☀ #NeiroOnBinance #moonbix #BinanceLaunchpoolHMSTR #DODOEmpowersMemeIssuance