$SUI ⚔️ SUI/USDT AT A CROSSROADS — BULL FLAG OR FAKE OUT? ⚔️
📊 Pair: SUI/USDT
⏰ Timeframe: 1H
📍 Current Price: $3.8459 (+0.02%)
📈 24H High: $3.9513 | 🔻 Low: $3.7798
📊 Volatility Still Present: 51.99M SUI traded
---
📉 TECHNICALS AT A GLANCE
MA-7: $3.8661 (Slightly Bearish Crossover)
MA-25: $3.8773
MA-99: $3.9100
Key Resistance: $3.9500 – 4.0000
Key Support: $3.6350 (recent wick low)
Trend Bias: Bearish near-term; price is struggling below major moving averages. Watch for consolidation or breakdown continuation.
---
🎯 ENTRY STRATEGIES
🟢 LONG SCALP ZONE
✅ Entry Range: $3.7700 – 3.8300
🎯 TP 1: $3.9000
🎯 TP 2: $3.9800
🛑 SL: $3.7400
> Look for double-bottom formation near $3.77. If volume confirms, a bounce toward MA-99 is likely.
---
🔴 SHORT SETUP (Momentum Play)
❌ Entry Zone: $3.9000 – 3.9500
🎯 TP 1: $3.8000
🎯 TP 2: $3.7000
🛑 SL: $4.0000
> Failed attempt to break $3.95 could signal a deeper retracement if bulls lack fuel.
---
📢 SUI INSIGHT:
SUI has posted an 81.93% gain over 30 days, but recent cooling on the 1H chart hints at seller presence around $4.11. For now, price is range-bound, stuck under the 99-MA — traders should watch for volume surges or MA flips for confirmation.