SUI has tapped my support zone around $2.85, which is currently holding well.That said, the broader trend remains corrective, and it's likely only a matter of time before this support gives way.
If that happens, we could see a drop into my green buy zone — sitting just below a major order block. A break there might trigger heavy liquidations and a sharp move to the next support level.
I don't expect a deeper crash, as bulls are showing strong activity to defend this area.
If you set buy orders around this zone, a solid bounce could offer attractive profits.
As always, DYOR.
This is a follow up for this idea from May 2025
Trade active
Alert! SUI dropping under my resistance line and entering in danger zone. Good long opportunity if it drops into the green box. This idea is playing out as expected so far. Patience.
Tekegram / support: t.me/cryptonikkoid
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Tekegram / support: t.me/cryptonikkoid
Related publications
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.