$SUI
Technical Analysis SUI/USDT
🕓 Timeframe: 4H and 1H
📌 Strategy: SNR + RSI + MACD + Volume + OBV
---
🔹 General Trend (4H):
The market is in a clear downtrend with lower highs and lower lows, the price is below the averages, and sellers continue to dominate.
🔸 Sub-Trend (1H):
A sideways movement leaning towards a decline, narrow fluctuations between 3.40 and 3.50 without a confirmed breakout.
---
🧱 Current Supports:
3.4000 – Strong institutional support
3.3200 – Potential reserve support for a strong rebound
🧱 Nearby Resistances:
3.5500 – Major resistance
3.6000 – Psychological and technical barrier
---
📊 Technical Signals:
RSI between 41–45 → No current overbought condition
MACD is negative but shows weakness in momentum
OBV is stable → Potential accumulation
Volume is weak = Cautious anticipation
---
📈 Upcoming Opportunity:
If 3.5500 is broken with strong volume + MACD and RSI crossover above 50 = Buy entry target: 3.70 – 3.85
And if 3.4000 is broken = Selling opportunity down to 3.25
---
📍 Summary
The market is in a waiting phase… institutions may intervene from the current support. Close monitoring on 1H and 15M is essential before making a decision.