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🌀 $SUI Rebounds From 99 MA — Dead Cat Bounce or Start of a

CryptoPotato

Updated at: 13 hours ago

{"content":"🌀 $SUI Rebounds From 99 MA — Dead Cat Bounce or Start of a Comeback? Current Price: $3.0596 Daily Change: +4.75% Today’s High: $3.0765 📊 Moving Averages: 7 MA (Yellow): $3.1878 → Immediate short-term resistance. 25 MA (Purple): $3.5786 → Mid-term structure remains bearish. 99 MA (Blue): $2.9013 → Currently acting as a dynamic support level — key bounce zone. 🔍 Technical Picture: ✅ Short-Term Rebound Confirmed: After a sharp pullback from above $4.30 to sub-$3, SUI tagged the 99-day MA and bounced. First green daily candle after nearly 10 red ones — signaling potential relief rally. Holding above $3.00 is critical to prevent panic sell-offs. ⚔️ Resistance to Watch: $3.20 (7 MA): short-term line in the sand. $3.50–3.60 (25 MA): heavy resistance zone where sellers could reload. Only a daily close above $3.80 would flip the mid-term structure bullish again. ❌ Breakdown Risk: Losing the $2.90 support from the 99 MA could trigger a fast drop to $2.60–$2.40 range. Lower highs still dominate; trend is not yet reversed. 🧠 Strategy Insight: This is a reactionary bounce, not a trend reversal… yet. Risk-managed scalps OK, but long-term bulls need a lot more confirmation before celebrating. DYOR – Do Your Own Research. This is not financial advice. Markets can be volatile — always trade responsibly!","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025062025/06/06/78b9f484ad2e4d17a9c8e7889c4fb1a6.png"],"tags":[],"tradingPairs":["SUI/USDT"],"quotearticleid":0}

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