markets are shaky, but sui’s chart still looks like it’s setting up for something
one solid bounce zone, one critical breakdown level. time to stay sharp, not emotional.
$sui analysis update w/ @EdgenTech
• price: ~$2.53, down ~2.8% in 24h
• short-term trend weak
still below ema20/50/200
• rsi ≈ 36 → not yet oversold, but under pressure
highlights:
tvl just hit a new ath at $2.1b+, with defi & nft growth accelerating
key support around $2.45
if it holds, possible bounce toward $2.75–2.82
dev activity strong, expanding move ecosystem
risks:
break below $2.45 → downside open to ~$2.30
overall altcoin sentiment still soft → possible sell-offs
strategy:
short: wait for reclaim above $2.50, stop below $2.40
long: dca carefully, track unlocks & tvl trend
$sui is sitting at a decision point
hold $2.45 and it’s bounce city; lose it and we retest deeper levels. stay nimble fam

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