SUI Price Compresses Into Triangle Pattern

🔵SUI continues to trade around the $3.63 level, showing signs of volatility compression following a recent sell-off from the $4.20 zone. Despite short-term resistance from a descending trendline and the upper Bollinger Band, longer-term moving averages and key support near $3.52 are helping to prevent a deeper decline.

🔵Technical indicators present a mixed picture: the RSI suggests a mild bearish bias, while the MACD and momentum oscillator indicate weak selling pressure. The Ichimoku Cloud shows a short-term bearish structure. A breakout above $3.71 could open the door to targets at $3.91 and $4.20, while a drop below $3.52 would likely pave the way toward $3.11. For now, the market remains in a state of anticipation, awaiting a decisive move.