$SUI /USDT 4-Hour Chart Analysis
Current Price: 3.9057 USDT (-0.62%)
24H High/Low: 4.2000 / 3.6589
24H Vol: 190.22M SUI (751.63M USDT)
🔍 Key Observations:
SUI rallied hard from May 18-20, hitting 4.2000 with strong volume.
After consolidating between 3.9000-4.1000, a sharp drop on May 22 took it to 3.7000, showing rejection at 4.1000.
Price recovered to 3.9057 but remains below the key 4.0000 resistance.
📉 Bearish Case:
Break below 3.6589 could lead to 3.6000 or lower. High-volume drop signals caution.
📈 Bullish Case:
Break above 4.0000 with volume may target 4.2000+. Long-term trend (+242.78% in 1 year) still supports bulls.
💡 Watch: Key levels at 4.0000 (resistance) and 3.6589 (support). Volume will dictate the next move!