
SUI/Tether USD forum


Scenarios:
• Bullish: Break above the trendline → potential growth, though resistance may appear near 3.39. A successful breakout above the weekly pivot opens the path to 3.60–3.72 📈
• Bearish: On the daily chart, the 233 EMA is holding as support. If it breaks and price fails to reclaim it → decline toward 2.87 📉

Expecting a higher low to form within 3.10–2.75, continuing base formation before a potential larger-degree breakout.
Chart: tradingview.com/x/5rzHgtcy/
Previously on price structure (Aug 13): tradingview.com/symbols/SUIUSDT/minds/?mind=Q80uYxwgTTW-SyopO9K8FA&exchange=BINANCE


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Consolidation from current levels or the upcoming resistance, featuring a series of higher lows, would strengthen the macro bullish structure from the April low, potentially paving the way for a more sustained advance into Q4.
Chart: tradingview.com/x/TCcrxlYM/
Previous update on support (Aug 7): tradingview.com/symbols/SUIUSDT.P/minds/?mind=bGWRMZJyQFOHPv1ny_KW8g&exchange=BINANCE
