🚨 SUI/USDT Analysis - Daily
After a strong breakout, the price entered a correction in a descending channel, a classic continuation pattern.
📉 It is building a possible bullish pivot structure, with well-defined support in the region of 2.90 to 3.00, where we have an important liquidity cluster in the VPVR.
🟡 Scenario drawn:
Pullback movement in the zones of 3.00 to 2.90, followed by a resumption of the trend.
Breaking the region of 3.45 to 3.55 clears the path to target at 4.17 → 4.48 → 5.48.
📊 Indicators:
MACD starting to cross for a possible reversal.
Stochastic seeking the oversold region, strengthening the pullback thesis before the resumption.
⚠️ Attention:
Losing the 2.90 would invalidate the short-term scenario, potentially pushing the price to the region of 2.50.