SUI is following the broader altcoin market and entering a correction phase. As shown in the chart, SUI has already broken through two key support levels and is now hovering just above a critical support at $2.95.If this level fails to hold, the next major support lies within my green box at $2.20 — which could present a strong buying opportunity.
However, proper risk management is essential — make sure to place your stop losses accordingly.
DYOR (Do Your Own Research).
#SUI #Altcoins #CryptoCorrection #SupportLevels #BuyTheDip #CryptoTrading #TechnicalAnalysis #DYOR
DYOR
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.