Technical analysis by Quant_Trading_Pro about Symbol SUI on 8/17/2025

SUI is consolidating between its short-term rising trendline (~3.6–3.8) and the major resistance zone at 4.2–4.4. Price has made multiple attempts at the resistance, but supply continues to cap upside. Bullish case: Hold the 3.6 support and break through 4.4 → would confirm bullish continuation, potentially opening momentum toward fresh highs. Bearish case: A break under 3.6 exposes the macro trendline support near 3.0, a key level to maintain the broader structure. With Stoch RSI overbought, momentum may need to reset before another attempt higher. This is a high-compression zone where the next breakout direction will matter.