SUI/USDT – Price Outlook (2H TF)

🔍 Updated Aug 4, 2025 | SMC + NeoWave

SUI has broken out of the descending channel and is currently holding above the strong demand zone around $3.35–$3.40. This zone overlaps with a bullish order block and prior trendline support.

📌 Bullish Scenario (preferred):
Price confirms support → Push toward $3.90–$4.00 supply zone.

📌 Invalidation:
A close below $3.35 invalidates the setup and suggests continuation of the correction.

💡 Tip: A breakout of structure (BOS) + mitigation of OB = solid confluence for long setups.