$SUI /USDC 15m update
Price is trading around 1.437 after rejecting from the 1.47 zone. Short-term structure has flipped weak as price slipped below MA7 and MA25, while MA99 near 1.46 continues to act as a firm dynamic resistance.
Momentum is clearly cooling. The sequence of lower highs and strong red candles shows sellers stepping in aggressively after the failed push above 1.47. Volume also faded on the bounce, which adds weight to the bearish continuation scenario.
Key levels to watch
Immediate support sits at 1.431–1.428. A clean break below this zone can open room toward 1.42 and lower.
On the upside, recovery needs acceptance back above 1.45. Only a reclaim of 1.46–1.47 would invalidate the current bearish bias.
Bias
Below 1.45: pressure remains bearish, rallies likely to be sold.
Above 1.47: structure shifts back to bullish.
Market is at a decision point. Expect volatility around support. Risk management is key here.
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