$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!

#SUI