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Technical analysis by MLDpwnz about Symbol SUI on 12/12/2025

https://sahmeto.com/message/3978772

SUI/USDT - Market Structure

Neutral
Price at Publish Time:
$1.65
،Technical،MLDpwnz

Price is attempting a reversal via a double bottom. The key resistance at the moment is the prior low zone at $1.70–1.90. RSI is also capped near the 50 level, preventing a move into bullish territory. On the weekly chart , the only potential reversal signal so far is extreme RSI oversold conditions — no other confirmations yet. Current structure allows for a long setup with clearly defined risk: — stop-loss below $1.50. Since price is trading inside a channel, the majority of the position should be taken off just below the channel midline.

Source Message: TradingView
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