SUI / TetherUS
Panjang

SUIUSDT — Test Golden Pocket: Breakout or Breakdown Ahead?

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🔎 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.

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📈 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.

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📉 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.

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📌 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.

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Penafian

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