$SUI /USDT 4-Hour Chart Analysis
Current Price: 3.5204 USDT (+0.53% in 4H, -3.75% from prior layer)
Strong uptrend from May 17, peaking at ~4.2000 USDT on May 21, followed by a sharp drop to 3.4274 USDT on May 25.
Now consolidating at 3.5204 USDT with reduced volume, signaling weak bullish momentum.
Support: 3.4274 USDT held; Resistance: 3.8000 USDT is key for recovery.
Price below the SMA, indicating short-term bearish momentum.
Outlook: A break above 3.8000 USDT could spark a recovery; below 3.4274 USDT may lead to further downside toward 3.3000 USDT.
Keep an eye on volume!
