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$SUI /USDT — 15M Technical Outlook
SUI is moving sideways after a sharp volatility spike, currently in a short-term consolidation phase.
🔍 Chart Observations:
Strong impulse move toward $1.94, followed by quick rejection
Price is now compressing around $1.84–1.85
Trading near MA(7), MA(25) & MA(99) → neutral short-term structure
Volume has dropped significantly → momentum cooling
📈 Bullish Scenario
Hold above $1.83
Break & close above $1.88
Upside targets: $1.94 → $2.00 psychological level
📉 Bearish Scenario
Loss of $1.83
Pullback toward $1.80–1.78
Deeper support near $1.75
💡 Summary SUI is in a range-bound phase after a volatility expansion. A clear breakout from this compression zone will likely define the next directional move.
⚠️ Not financial advice. Trade with proper risk management.
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