$SUI / USDT $USDT 4H Chart – BingX Breakdown 💡
SUI$SUI is at a crucial decision zone after bouncing from the $1.70 lows earlier this month. The 4H chart is showing early signs of a bullish structure, but it’s not out of the woods yet. ⚠️
🔹 Support Zone: ~$2.20 is acting as near-term support — previously a resistance flip.
🔹 Resistance Levels: $2.40 and $2.60 are key zones to break for bulls to reclaim higher ground.
🔹 EMA Watch: Price is hovering around the short-term EMAs (9 & 21) with the 50 EMA curling up — momentum building.
🔹 RSI: Sitting near 55 — room to the upside, but not in overbought territory yet. Neutral, but leaning bullish.
📉 Previous consolidation between March 15–April 1 formed a range base — and this recent bounce could be the start of a rounded reversal if we hold current levels.
🧠 Setup Insight: Eyes on volume + breakout above $2.40 — that could trigger the next leg toward $2.80+. But failure to hold $2.20 may drag us back to the $2.00 range.
⚡ Is SUI$SUI prepping for a breakout run... or is this just a fake pump in a wider range?
