$SUI /USDT – Breakout Watch! 🚨🔥

$SUI is fluctuating around the $3.90–$4.00 range, near the breakout zone of $4.05 — a level that many analysts believe could open the door to the next strong rally. The price has just rebounded after a previous spike, with selling pressure appearing after hitting a peak of $4.44 (CoinDesk: SUI reversed gains… ).

Price Structure & Momentum

The price increased by 15% to surpass $4.23 on July 26, with strong volume, creating momentum for the next leg up ($5.64 → $6.70 → $8) if the breakout is confirmed (CoinDesk: Sui surges 15%… ).

However, after that, the price fell and closed below $4.20, forming an initial double bottom pattern at $4.08–$4.09 (CoinDesk).

---

Key Levels

• Resistance: $4.20 – $4.24 (a level that has been rejected multiple times) and $4.44 (recent peak)

• Support: $4.05 (breakout consolidation zone), and $3.31 (a deeper support zone)

---

Trade Setup

• Entry Zone: $4.05 – $4.10 (retest breakout zone)

• Stop Loss: $3.95 – $3.92 (below breakout support or weekly low)

🎯 TP1: $4.20 – $4.24

🎯 TP2: $4.60 – $4.80

🎯 TP3: $5.50 – $6.70 (AB=CD target zone and upward leg according to structure analysis)

---

Pro Tip:

Wait for a Daily candle to close above $4.20 with increased volume to confirm the breakout. If the price breaks below $4.05 for several consecutive sessions, this setup will be invalidated.