SUI/USDT โ Market Analysis & Update
Time Frame: 4H
SUI is currently moving inside a well-defined range, while the overall structure on the Higher Time Frame (HTF) remains strongly bullish. This indicates that the market is in a healthy consolidation phase before the next potential impulsive move.
At the moment, price is approaching a key Order Block (OB) support zone at 1.6883. This level is technically significant and could act as a strong demand area.
If SUI shows a clear bullish reaction from this Order Block, such as:
Bullish engulfing candle
Strong rejection wick
Break of minor structure on lower time frame
Then we will look for long opportunities, following the HTF bullish trend.
๐ฏ Long Trade Targets
Once confirmation is received, upside targets will be:
1.70
1.75
1.80
1.90
1.95
2.00
These levels represent key resistance zones and partial profit areas#sui #NEAR๐๐๐ #solana #BTC $SOL
