🔎 Overview:
SUI/USDT is currently sitting at a critical decision point. Since April 2025, price action has been forming higher-lows supported by an ascending trendline (yellow). On the upside, we see a flat resistance around 4.115, creating an Ascending Triangle pattern — a classic bullish continuation structure that often precedes a breakout.
However, price is now testing the key demand zone at 3.33–3.15, which perfectly aligns with the Fibonacci golden pocket (0.5 & 0.618 retracement). This zone will likely determine the next major move: either a strong rebound to the upside or a deeper breakdown.
---
📈 Bullish Scenario (Breakout Potential):
Trigger: Price holds above 3.33–3.15 and breaks 4.115 with a strong 2D candle close.
Pattern Implication: A breakout from the ascending triangle usually results in a move equal to the pattern’s height (~0.9–1.1 points), projecting targets around 5.0–5.3.
Targets:
TP1 = 4.79 (intermediate liquidity)
TP2 = 5.31–5.37 (major resistance & previous high)
Extra Signal: A breakout with rising volume would strengthen the bullish outlook significantly.
---
📉 Bearish Scenario (Breakdown Risk):
Trigger: A decisive close below 3.10, which would break both the ascending trendline and the golden pocket.
Consequence: This breakdown could open the door to a deeper retracement.
Targets:
2.70 (minor support)
2.40 (major support)
2.15 (previous demand zone)
Extreme case: 1.72 (historical low)
Invalidation: A recovery above 3.35 followed by a breakout over 4.115 would nullify the bearish setup.
---
📌 Conclusion:
SUI is at a make-or-break level. The 3.33–3.15 zone is the battlefield between bulls and bears, marking the golden pocket of this structure. Holding this level keeps the door open for a bullish breakout towards 5.0–5.3, while losing it could trigger a significant drop toward the 2.70–2.15 range.
📊 Strategy: Wait for a confirmed 2D close before positioning. Manage risk tightly and watch how price reacts at this golden pocket zone — it will set the tone for the next major trend.
---
#SUI #SUIUSDT #CryptoAnalysis #AscendingTriangle #PriceAction #SupplyDemand #GoldenPocket #Fibonacci #CryptoBreakout #SupportResistance #SwingTrading
SUI/USDT is currently sitting at a critical decision point. Since April 2025, price action has been forming higher-lows supported by an ascending trendline (yellow). On the upside, we see a flat resistance around 4.115, creating an Ascending Triangle pattern — a classic bullish continuation structure that often precedes a breakout.
However, price is now testing the key demand zone at 3.33–3.15, which perfectly aligns with the Fibonacci golden pocket (0.5 & 0.618 retracement). This zone will likely determine the next major move: either a strong rebound to the upside or a deeper breakdown.
---
📈 Bullish Scenario (Breakout Potential):
Trigger: Price holds above 3.33–3.15 and breaks 4.115 with a strong 2D candle close.
Pattern Implication: A breakout from the ascending triangle usually results in a move equal to the pattern’s height (~0.9–1.1 points), projecting targets around 5.0–5.3.
Targets:
TP1 = 4.79 (intermediate liquidity)
TP2 = 5.31–5.37 (major resistance & previous high)
Extra Signal: A breakout with rising volume would strengthen the bullish outlook significantly.
---
📉 Bearish Scenario (Breakdown Risk):
Trigger: A decisive close below 3.10, which would break both the ascending trendline and the golden pocket.
Consequence: This breakdown could open the door to a deeper retracement.
Targets:
2.70 (minor support)
2.40 (major support)
2.15 (previous demand zone)
Extreme case: 1.72 (historical low)
Invalidation: A recovery above 3.35 followed by a breakout over 4.115 would nullify the bearish setup.
---
📌 Conclusion:
SUI is at a make-or-break level. The 3.33–3.15 zone is the battlefield between bulls and bears, marking the golden pocket of this structure. Holding this level keeps the door open for a bullish breakout towards 5.0–5.3, while losing it could trigger a significant drop toward the 2.70–2.15 range.
📊 Strategy: Wait for a confirmed 2D close before positioning. Manage risk tightly and watch how price reacts at this golden pocket zone — it will set the tone for the next major trend.
---
#SUI #SUIUSDT #CryptoAnalysis #AscendingTriangle #PriceAction #SupplyDemand #GoldenPocket #Fibonacci #CryptoBreakout #SupportResistance #SwingTrading
✅ Get Free Signals! Join Our Telegram Channel Here: t.me/TheCryptoNuclear
✅ Twitter: twitter.com/crypto_nuclear
✅ Join Bybit : partner.bybit.com/b/nuclearvip
✅ Benefits : Lifetime Trading Fee Discount -50%
✅ Twitter: twitter.com/crypto_nuclear
✅ Join Bybit : partner.bybit.com/b/nuclearvip
✅ Benefits : Lifetime Trading Fee Discount -50%
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
✅ Get Free Signals! Join Our Telegram Channel Here: t.me/TheCryptoNuclear
✅ Twitter: twitter.com/crypto_nuclear
✅ Join Bybit : partner.bybit.com/b/nuclearvip
✅ Benefits : Lifetime Trading Fee Discount -50%
✅ Twitter: twitter.com/crypto_nuclear
✅ Join Bybit : partner.bybit.com/b/nuclearvip
✅ Benefits : Lifetime Trading Fee Discount -50%
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.