🔍 TECHNICAL ANALYSIS: $SUI /USDT – AT A CRITICAL DECISION POINT
🟠 Chart Reading:
The chart shows a symmetrical triangle pattern, and price is currently right at the breakout zone. This is a make-or-break moment — price could either break upwards or reject and fall. That’s why both green (up) and red (down) arrows are shown.
📍 Current Price: 3.9985
🟩 Price is slightly above the upper trendline, but a strong candle confirmation is still missing.
📈 IF LONG SETUP CONFIRMS:
A true breakout will only be confirmed if price closes above 4.025 on a 15m or 1h chart.
If that happens, bullish momentum may drive it toward 4.08 – 4.15.
✅ Long Entry Confirmation: Above 4.030
🎯 Target: 4.08 / 4.15
❌ Stop Loss: 3.95
📉 IF PRICE GETS REJECTED:
If price drops below 3.95 and breaks the lower support trendline, this would confirm a false breakout.
In that case, price could head back to 3.85 – 3.75.
✅ Short Entry Confirmation: Below 3.950
🎯 Target: 3.85 / 3.75
❌ Stop Loss: 4.03
💡 Final Verdict:
No clear long or short setup is confirmed yet. This is a 'wait-and-see' zone — not an entry zone.
Professional traders don’t guess here — they wait for price to show clear direction, then act with precision.
🧠 How a Pro Thinks:
> "The smart ones let the market decide — then they respond. Never predict, just prepare."
So don’t rush in. Wait for confirmation.
Let me know if you want a signal once the breakout direction is confirmed.
#CryptoAnalysis #SUIUSDT #BreakoutSetup #ZoeCryptoAnalyst #TechnicalTrading