$SUI ’s Technicals Flash Oversold, Reversal Possible.



$SUI , currently trading around $3.78, has retraced slightly after topping near $4.50 earlier this month. The 2-hour RSI shows readings near 31.62, suggesting short-term oversold conditions. This aligns with a pattern seen in prior rallies, where RSI dips below 35 have led to sharp price recoveries. Market cap remains solid at $13.08 billion, with daily trading volume over $1.38 billion, reflecting strong interest even during pullbacks.

$SUI
{spot}(SUIUSDT)
SUI4.56%
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