$SUI

📉 SUI Technical Snapshot — as of now

Current Price: $3.76 — corrected down from intraday high of $4.24, dipping toward recent low of $3.69

Day Range: $3.69 – $4.24 — sharp volatility aftermath of recent rally

Chart Pattern: Price formed an ascending wedge and broke down from upper trendline — classic reversal signal

📐 Key Levels

Type Zones ($)

Support $3.70–$3.75 (current buffer), $3.50, $3.30

Resistance $4.00–$4.10 (recent pivot), $4.24 (intraday high)

⚙️ Indicator Summary

RSI (4H): Neutral (~50), but daily RSI heated to ~72 — now pulling back from overbought

MACD (4H): Bullish, but has waned — sign of cooling momentum

Oscillators (TradingView/Investing): Mixed signals — some sell pressure in short-term, overall technical rating remains Buy

Volume: Elevated during rally, now tapering — consolidation under way

⏱ 4‑Hour Forecast

🟢 Bullish Bounce Scenario (Preferred):

Holds support at $3.70–$3.75 region with bounce confirmation (bullish candle & volume)

Targets: $4.00 → $4.24

Stop-loss: Below $3.65

🔻 Bearish Breakdown Scenario:

Breaks below $3.70 with weak volume continuation

Targets: $3.50 → $3.30

Bias: Slightly bearish short-term until price reclaims above $4.00; otherwise consolidation likely.

🎯 Trade Strategy

Dip Buyers: Watch for a bounce off $3.70 with confirmation.

Breakout Traders: Consider entering on decisive move above $4.10–$4.24 with volume.

Long-Term Bulls: Pullback presents a buying opportunity into strong fundamentals and developer traction.

🛑 Disclaimer: This content is solely for educational purposes and not financial advice. Always DYOR, set stop-losses, and manage your risk.

💬 What’s your view? Will $SUI rebound to $4.24 or retest $3.30? Let’s have a discussion 👇

❤️ Like | 🔁 Repost | 🔔 Follow for more altcoin breakdowns