$SUI /USDT 4-Hour Chart Analysis on Binance
Current Price: 3.9084 USDT
SUI/USDT is in a strong uptrend, with gains of +20.09% (7D), +69.74% (30D), and an impressive +299.91% (1Y)!
Key Observations:
Price surged from 3.2000 to 4.2000 but is now in a short-term correction, testing support around 3.9000–3.8000.
Immediate resistance at 4.1139 (24H high). A break above could target 4.2000 again.
Volume dropped during the pullback, hinting at fading selling pressure.
SMA is rising, supporting the bullish trend, with 3.8000 as dynamic support.
Outlook:
Bullish: Holding above 3.8000 with rising volume could signal a continuation to 4.1139 and beyond.
Bearish Risk: A break below 3.8000 might lead to a deeper correction toward 3.6000.
