🔍 SUI/USDT Asset Analysis
📊 Timeframe: 1H | Current Price: $3.8466
⚡️ Change over 24h: +2.74%
📐 Technical Picture:
A narrowing triangle (symmetrical triangle) is forming on the chart — this is a classic accumulation model before an impulse. The price is approaching the top of the figure, signaling an imminent breakout in one direction.
📌 Resistance: ~$5.37
📌 Support: ~$2.38
🔼 MA(5) > MA(10) — short-term advantage on the bulls' side
🔄 Price is narrowing within the pattern, a breakout is expected
📊 Indicators:
🟡 RSI(6): 57.8 — neutral-bullish, there is room for upward movement
📈 OBV continues stable growth — this is a signal of accumulation
🔊 Volumes do not yet confirm the breakout but are accumulating at the boundary
📌 Conclusion:
⚠️ SUI has approached a critical zone. A breakout above $3.9–4.0 with an increase in volume will confirm the bullish scenario and could lead to a target in the range of $5.3–5.6. In case of a pullback — the key support zone is ~$3.2 and then the lower edge of the triangle.
🔥 Potential Movement:
🟢 Up: upon breakout — +35–45%
🔴 Down: return to $3.2 or lower if weakness occurs