$SUI /USDT Market Analysis: Sharp Drop Signals Tactical Trading Opportunities
The $SUI /USDT pair has dropped to $2.1098, reflecting a significant 5.71% decline in the past 24 hours. After peaking at $2.3011, the price encountered resistance and retraced sharply, hitting a low of $2.0925 before stabilizing slightly. The bearish momentum is evident, with consistent downward candles suggesting sellers remain in control.
Traders should monitor the $2.09 support level closelyâif it holds, a potential bounce could lead to a recovery toward $2.15 or $2.21. However, a further break below this support might open the door for deeper corrections. Keep an eye on volume spikes and trend shifts to execute timely trades in this volatile market.
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