At the time of observation, the SUI/USDT H4 chart is showing a price consolidation phase after a series of adjustment days. The price continuously fluctuating around the 3.60–3.66 USDT range suggests the formation of a short-term accumulation area, posing a notable breakout opportunity.
🔍 Ichimoku cloud structure: Thick front resistance, price is testing the cloud
Currently, the price is closely following the bottom of the red cloud, trying to break through the lower boundary of the dynamic resistance zone.
The cloud ahead still maintains a high thickness and has a red hue, indicating that selling pressure is still dominant in the medium term.
However, the positive point is that Tenkan has crossed above Kijun, and the price is starting to make efforts to form long bullish candles – an early sign of a breakout.
📉 Volume Profile and Delta Money Flow: Detecting key resistance areas
The volume profile clearly shows a large volume cluster around the 3.75 - 3.80 range, which was a strong distribution area previously – need to pay attention if the price approaches it again.
The liquidity cluster of 329.859M on the left bottom is an important support area, where the funds had previously accumulated strongly.
Recent negative delta areas such as -148.725M and -102.116M indicate that the selling side still has momentum, requiring clearer confirmation of buying funds returning to avoid a "bull trap."
📈 MACD Indicator: Positive reversal from the negative zone
MACD just crossed above the signal line, right at the negative zone – usually a sign of short-term reversal.
The histogram is gradually moving into the slightly positive zone, further reinforcing the short-term upward trend if this momentum is maintained.
However, the MACD slope is not steep, and confirmation is needed with a breakout candle accompanied by a surge in volume to avoid noise.
🎯 Price scenario and areas to watch
Closest resistance area: 3.75 – 3.80 USDT (high volume profile).
If surpassed, the next target will be the 4.05 - 4.10 USDT range, where a thick cloud with high liquidity forms.
Conversely, if it fails at the current cloud area, the price may turn back to test the support area around 3.50 – this is also the lower boundary of the current accumulation pattern.
📌 Conclusion: SUI/USDT is in a tug-of-war between two distinct supply and demand forces. A strong H4 candle closing above the cloud with high volume could be a signal confirming the medium-term upward trend. Investors need to patiently monitor the 3.66 – 3.80 area to identify clear signals.
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