$SUI at the crossroads

— Will it rise to 4.20 or collapse to 3.00? 🔥📉

📉 Current situation:

- Price: $3.768 with a daily decrease of –4.92%

- RSI = 27.85 → Excessive selling pressure

- MACD = –1.76 → Clear downward momentum

- Price is below the Bollinger average (MB = $3.97) and approaching the lower limit (DN = $3.75)

📊 Will it break the resistance or collapse?

🔹 Positive scenario (breakout):

- If the price closes firmly above $3.82, it may target $4.20 then $4.55

- A breakout at $4.55 could open the way to $7.00 then $8.00 based on the cup and handle pattern

🔹 Negative scenario (collapse):

- If the price breaks the support at $3.59, it may head towards $3.32 then $3.00

- Continued selling pressure could push it down to $2.50 according to Changelly's forecasts

📌 Summary:

SUI is in a critical area now.

- If it holds between $3.75 – $3.82 and a reversal candle appears, there is a chance for a breakout towards $4.20

- However, if it breaks $3.59, the likelihood of a collapse towards $3.00 becomes probable

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