SUI/USDT 4H Technical Analysis
The current price action on SUI/USDT is forming a classic Cup and Handle pattern — a bullish continuation signal.
• Cup formed between February and late April with a rounded bottom.
• Handle developed in early May as a light pullback.
• Price currently testing resistance around $4.20–$4.50.
• Key support at $3.50, which was the breakout zone.
Outlook:
• If price breaks above $4.50 with strong volume, next target could be $5.00+.
• Failure to hold $3.50 may lead to a retest of $3.00.
Bias: Bullish, watching for breakout confirmation.