Vlad Anderson

After hitting an ATH of $5.36, $SUI dropped over 30% in the past month. But guess what? It just bounced above the 200-day EMA, rallying 11% in 3 days, outperforming many cryptos in this shaky market! 📈

📌 Key levels to watch:

🔹 $3.57–$3.88 → Resistance (20/50 EMA)

🔹 $4.05–$4.50 → Breakout target

🔹 $3.00 → Support (200-day EMA)

🔹 $2.80–$2.50 → Deeper correction zone

💡 Indicators say…

📊 RSI at 44 → Bears still hold an edge, but a break above 50 could signal momentum shift.

📈 Open Interest +6.8% → Fresh capital entering SUI’s Futures market.

⚖️ Long/short ratio (2.07) → Bullish bias despite short-term liquidations.

So, is this the start of a strong comeback or just a temporary bounce? Eyes on Bitcoin & market sentiment! 👀