$SUI /USDT — This Layer 1 is Nearing a Critical Bounce Zone… 📉🔄
$SUI is down slightly -0.99%, trading near the 24H low of $1.2550. Despite weak short-term momentum, it's holding above this key support with high volume (99M USDT) — a sign that buyers may step in soon for a relief bounce.
🟢 LONG SETUP (Counter-Trend Bounce)
📌 Entry Zone:
1.2600 – 1.2900
🎯 Targets:
🥇 TP1: 1.3400
🥈 TP2: 1.4000
🥉 TP3: 1.4600
🛑 Stop-Loss:
1.2400
📊 Why This Could Work:
✅ Testing major support at $1.2550 with strong volume interest
✅ Oversold on multiple timeframes (7D: -14%, 90D: -44%)
✅ Layer 1 with solid ecosystem — often bounces from key levels
✅ High liquidity reduces slippage and supports cleaner entries/exits
⚠️ Important Rule:
If price breaks below $1.2400, exit immediately.
This is a bounce play — not a long-term trend reversal.
Use strict risk management and avoid over-leverage.
