Technical analysis by isahebdadi about Symbol SUI: Sell recommendation (11/22/2025)

SUI is currently moving inside a large descending channel, consistently respecting both the upper and lower trendlines. Price is now approaching a critical decision zone where two scenarios become likely. Bearish Scenario (Red Path) If the current weakness continues, SUI may drop toward the bottom of the channel, which aligns with the long-term rising trendline. •Support Zone: $0.70 – $0.75 This area is the strongest confluence of support on the chart. A bounce from here would be highly probable. Bullish Scenario (Green Path) If SUI holds above the lower boundary and shows a reversal pattern, we can expect a recovery toward the mid-range of the channel. •First Target: $1.63 •Second Target: $2.38 (midline + major horizontal level) A break above the midline could signal a trend shift. Suggested Trade Plan •Entry Zone: Around $0.75 – $0.80 (lower channel + long-term trendline) •Stop-Loss: $0.60 (below channel + invalidation level) •Target 1: $1.63 •Target 2: $2.38 Risk/reward becomes highly favorable only if price gets closer to the lower trendline.