$SUI

♟️ $SUI /USDT — Consolidation After Power Surge

🕓 4H Timeframe | 💰 Price: **$2.71 (+14.2%)**

Sui soared 14.2% today, breaking out from a tight range between $2.36–$2.73—fuelled by fresh DeFi use and staking momentum . This sharp move, while bullish, leaves room for a short-term retracement or a sustained rally.

📊 Technical Outlook:

Breakout Zone: The move past $2.73 marks key resistance and opens space for further upside.

Support Levels: Initial support lies at $2.60–$2.65 (today’s low), followed by $2.36 near pre-rally consolidation .

Momentum & Indicators: Technical signals on Investing.com lean bearish due to a recent sell-off, with RSI ~46 and MACD negative —yet sharp volume may shift trend territory.

🎯 Target Zones:

🎯 Target 1 – $2.90–$3.00: Next resistance near the intraday high pivot.

🎯 Target 2 – $3.20–$3.30: Swing high from December breakout .

🎯 Target 3 – $3.50+: All-time high (~$4.50) may need major ecosystem news .

🛑 **Risks to Monitor:**

A retrace under $2.60 could test support at $2.36.

Technicals show bearish signals—momentum may fade fast without continued buying.

🗣 Community Insight:

> “SUI's momentum has been bolstered in 2025 by new partnerships and staking rewards…positive comments outnumber negative by a ratio of 5:1”

🧠 Conclusion:

Sui has broken higher with strength and attention, but today's move may warrant a dip back to $2.60–$2.65 before continuation. Watch for a 4H close above $2.73 to validate the breakout. Entry setups near support offer lower-risk exposure.

⚠️ DYOR – Not financial advice.

📈 #SUI #SuiNetwork #Trading #Crypto #TechnicalAnalysis #DeFi #Layer1 #Charting #Altcoins