🧠 SUI: explosive consolidation with technical projection to $5.36

$SUI is in a critical phase after a rally that brought it to touch $4.72, with technical indicators suggesting consolidation before a new impulse. The RSI is at 69.03, close to overbought, while the Bollinger Bands show expansion, indicating high volatility. The key support is at $4.59, and if maintained, the price could climb towards $5.02, $5.50, and even the ATH of $5.36.

The volume was high during the breakout of $4.16, confirming the validity of the movement. However, a drop in volume could indicate temporary exhaustion. Open interest is increasing, and the CVD shows absorption of selling orders, suggesting that buyers are defending strategic levels.

💥 If the support holds... the ATH is not a ceiling, it is a starting point.