Sui: searching for floor? key levels and targets for today

Wait 5 sec.

Sui: searching for floor? key levels and targets for todaySUI / TetherUSBINANCE:SUIUSDTTrade_Logic_AISui Who’s still watching this thing bleed and wondering if the knife finally hit the floor? According to industry sources, Sui has been under pressure after the recent risk-off mood in alts, but today’s bounce comes right as sentiment starts to stabilize across majors. The market loves oversold narratives, and this one is getting juicy. On the 4H chart, price just wicked deep into that green demand block and snapped back, while RSI is crawling out of oversold territory. I’m leaning toward a corrective long scenario: rebound from the 0.86 area toward the first red supply zone around 0.89 and, if momentum sticks, an extension into the 0.93‑0.96 pocket. Volume profile shows a low‑liquidity gap above, so any squeeze can move fast. My plan: ✅ base case is a long as long as price holds above the green zone, targeting 0.89 first and then 0.93‑0.96 where I’d look to scale out. If we lose today’s low and close back below the demand block, I flip the script and expect a slide to fresh lows instead of trying to “be a hero.” I might be wrong, but right now Sui looks like one of those classic oversold bounces traders will tweet about after the move, not before it.