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🚨 SUI Update – More Drops Ahead?

SUI is down 4.29%, trading at $3.27, with a $7.64B market cap and $1.39B 24h volume. Market sentiment is bearish, and the Fear & Greed Index is 49 (Neutral).

🔍 Key Levels to Watch:

  • Support: $3.10 (If broken, price may drop to $2.80 - $2.54)
  • Resistance: $3.50 (Needs to break for a move to $3.87 - $4.00)

🚨 Big Concern:

  • 100.63% yearly inflation (1.17B new SUI added) → More coins in circulation = Possible price pressure!

💡 Trading Plan:

  • Above $3.50: 🚀 Could rise to $3.87 - $4.10
  • Below $3.10: 📉 Likely to drop to $2.80 - $2.54


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