📊 $SUI /USDT 4H Chart Analysis on Binance 🚀
Current Price: $3.3773
SUI/USDT saw a strong uptrend from late April, peaking near $4.00 on May 5, but has since corrected sharply.
Here’s the breakdown:
🔹 Support/Resistance:
Support at $3.30–$3.35 holding for now.
Resistance at $3.50, with a major hurdle at $4.00.
🔹 Volume: Spiked during the rally but dropped on the decline—possible profit-taking or reduced selling pressure.
🔹 Trend: Short-term bearish momentum after the correction, but the broader trend since mid-April remains bullish.
🔹 What’s Next?
Bullish: Hold above $3.30 and break $3.50 with volume to retest $4.00.
Bearish: Break below $3.30 could target $3.00 or $2.80.
Keep an eye on volume and key levels! Adding RSI or MACD could give more clarity. What do you think—bullish or bearish?
