$SUI saw a sharp selloff into a key demand area near $1.28–$1.30 after a prolonged phase of lower highs and controlled distribution
That extended bearish structure followed by an aggressive push into support often signals seller fatigue rather than the beginning of a new strong downside move though confirmation is still required
This zone is known for strong reactions where price typically either bases out or performs one final liquidity sweep before reversing
Key levels to monitor
• Primary support: $1.28–$1.25
• Lower demand pocket: $1.18–$1.12
• Recovery area: $1.40–$1.45
• Upside objectives: $1.55 → $1.72 → $1.90
A decisive break below $1.25 with strong volume could open the door for a test of the lower liquidity zone around $1.18
Capitulation areas often present opportunity but only when market structure starts to rebuild.
Ignore the noise focus on structure,
