$SUI
Price is currently testing the key resistance at 3.8954. If a breakout occurs, here are the potential scenarios:
1. Confirmed Breakout & Hold Above 3.8954:
Signals a bullish continuation toward 3.9594, then 4.10, especially if RSI > 60, MACD shows a bullish crossover, and OBV/Volume confirm buying pressure.
2. False Breakout:
A rejection candle (e.g., Pin Bar) right after the breakout could push price back down to 3.8673 or even 3.8411, particularly if RSI fails to break 60 or shows bearish divergence.
3. Consolidation Above Resistance:
Tight sideways action above 3.8954 may indicate base-building for a delayed move higher toward 3.96, if supported by stable volume and RSI between 55–65.
Close monitoring of the 15M chart with indicator confirmations is key to a safe entry.
