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🧠 Technical analysis for SUI/USDT - 4-hour frame


🔹 Current Price: 3.8849 USDT


🔻 Change Rate: -1.92%


🔹 Condition: Sideways movement within a defined range (Sideways Consolidation)


📐 Gann Box analysis and price trend:

The Gann Box is drawn between the bottom 3.25 and the top 4.25, providing a clear analytical range within geometric and temporal dimensions.


  • The price is moving horizontally within a clear fluctuation area between 3.75 – 4.10 USDT.


  • The inability of the price to break 4.10 or 3.75 indicates a stage of accumulation or hesitation from the market.


🔼 Resistance Areas:


  1. 4.05 – 4.10 USDT:

    Strong resistance where reversals occur, representing the ceiling of the sideways range.


  3. 4.25 USDT:

    The current peak in the Gann Box, breaking it indicates the beginning of a new upward wave.


🔽 Support Areas:

  1. 3.75 – 3.80 USDT:

    Medium support in the middle of the box, tested multiple times.


  3. 3.60 USDT:

    Stronger support, representing the 0.382 level of the Gann Box.


  5. 3.25 USDT:

    Critical support and main bottom.


🔁 Price Behavior:


  • The price is moving within a sideways channel, indicating accumulation before the next movement.


  • Long-tailed candles below indicate demand and buying during the drop.


  • The absence of a decisive break means the market is waiting for news or an external catalyst to move.


📊 Potential Technical Indicators:

The indicator reading potential interpretation RSI around 50 not overbought or oversold - neutral MACD weak or sideways crossover reflects volatility and non-direction Volume low and volatile agrees with accumulation state

📈 Expected Scenarios:


🟢 Upward Scenario:


  • Breakthrough 4.10 USDT firmly pushes the price to:


    • 4.25 (Peak)


    • then 4.50 – 4.70 as extended targets.


🔴 Downward Scenario:


  • Break3.75 USDT pushes the price to:


    • 3.60 (Strong Support)


    • 3.25 (Critical Support)


🧭 Summary:


  • The currency is in sideways accumulation within a defined channel.


  • No decision until a clear break of one of the sides (4.10 or 3.75).


  • Volatility can be exploited for speculation, buying at support and selling at resistance.


  • Stop loss in case of breaking 3.60 with a 4-hour candle.

  • $SUI