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$SUT /USDT{currencycard:spot}(SUT_USDT)
The current price sits around $0.7159, down ~28.8% in the last 24 hours. After a violent spike to $1.0954 and a rapid sell-off, the chart is showing short-term bearish exhaustion but not yet a confirmed reversal.
On the 15m to 1H timeframes, price action is struggling to reclaim $0.7664, and candles show tightening volatility. This usually comes before either:
A continuation of the downtrend, or
A relief bounce off support
We’re currently closer to support than resistance, meaning risk-to-reward favors cautious entries, not chasing breakouts.
Trade Setup (Short-Term)
Potential Entry Zone
$0.68 – $0.73
(A pullback into this zone suggests accumulation + reduced downside risk)
Targets
Target 1: $0.78
Target 2: $0.85
Target 3: $0.93
(Each target only valid if volume confirms upside continuation)
Stop Loss
Below $0.63
Below this level, the market may retest $0.56 – $0.50 or even lower.
Key Levels to Watch
Breakout Confirmation
If price breaks $0.78 – $0.80 with clear volume, a stronger rally could unfold.
Breakdown Risk
If we lose $0.63, bearish pressure increases sharply — opening room for a deeper correction.
Market Notes
The initial pump to $1.0954 suggests strong speculative demand.
The fast retracement shows early buyers taking profit aggressively.
Short-term traders should avoid chasing spikes and instead wait for structure.
Conclusion
SUT is currently in a high-volatility zone, with both upside and downside potential. A confirmed breakout could produce a bigger rally, but the market must first prove strength. Until that happens, trade cautiously, size small, and respect stop-loss levels.
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