Analysis of SUI/USDT using the Gann Box + Gann Fan tool on the 4-hour timeframe.
✅ General Trend:
Cautiously Bullish – The price recently bounced off support and successfully regained important levels, but it faces critical resistance.
🔹 Key Technical Levels:
Level Rating
4.20 – 4.25 🔺 Very Strong Resistance Area – Represents the Gann Box peak at the 0.618 level
3.90 – 4.00 🔄 Currently Consolidating Area – The price is fluctuating within this range
3.50 – 3.65 🔻 Strong Sloping Support (on Gann Fan line) – Represents important dynamic support
2.94 – 2.95 🛑 Final Support – Breaking it is considered a technical breakdown on this timeframe
📈 Price Action Signals:
The price previously hit the 0.618 level (around 4.20) and rejected it.
It returned to test the rising trend line (1/1 Fan line) and then bounced strongly.
Currently, the price is trading in a decision area: either a retest of the peak or a break to return to lower levels.
📌 Technical Expectation:
If Expectation
Clear breakout of 4.20 with a strong candle 🚀 Continuation towards 4.50 then 5.00
Failure to surpass 4.00 and drop below 3.90 🔻 Correction towards 3.65 then 3.50
Break of 3.50 with break of 1/1 line 🚨 Potential bearish reversal towards 3.00 then 2.94
🟢 Technical Recommendation:
Buy from support areas 3.80 – 3.90 with a stop loss below 3.65.
Short-term targets: 4.20 → 4.50 → 5.00.
Avoid buying at peaks without a clear breakout confirmation.
