#sui $SUI : Battle of Timeframes. When to Expect a Breakout.
SUI is currently at its peak. Analysts are divided into two camps: some see the bottom of the cycle, others see a continuation of the decline. Let's understand the numbers and levels.
📉 Short-term bearish trend (4H)
Caution dominates on the lower timeframes. The price is trapped in a descending channel:
• Resistance: The main barrier is the $0.96–$0.98 zone. While we are below, sellers control the situation.
• Support: It is important to hold $0.90. If this level falls, the next stops are $0.85 and even $0.70 (according to CoinCodex forecasts).
• Status: RSI 52.7 — absolute calm. The market is waiting for a trigger.
🚀 Long-term bullish potential (Daily)
The global picture looks much more attractive for investors:
• Cyclical bottom: A 83% pullback from ATH has historically often become a turning point for strong L1 projects.
• Fibonacci targets: The first serious target is $3.70. With a capitalization of $3.6–$3.8 billion and growing institutional demand, targets of $4.50 and even $25 no longer seem like fantasy.
📊 Key levels to watch:
• $0.96 — A candle closed above this level with volume will change the trend to bullish.
• $1.00 — A psychological mark. A consolidation above it opens the way to $1.50+.
• $0.85 - $0.90 — An area of interest for those who believe in long-term growth.
⚠️ Summary
$SUI is a classic "buy the fear, sell the euphoria" story. While short-term traders fear a drop to $0.70, whales are eyeing targets above $3.00.