SUI/USD Technical Analysis – Potential Reversal Zone IdentifiedSUI / US DollarBINANCE:SUIUSDMentor_Michael03SUI/USD Technical Analysis – Potential Reversal Zone Identified The current SUI/USD price action shows a strong bullish impulse reaching into a well-defined resistance zone, suggesting a potential pullback or reversal in the short term. 🔍 Key Levels Resistance Zone: Between 4.30 – 4.39 USD, currently being tested after a strong bullish run. This is a historical supply area where price previously reversed. Support Zone: Found between 3.60 – 3.70 USD, where price consolidated and accumulated before initiating the current rally. Current Price: 4.2044 USD, slightly below the resistance zone, showing early signs of rejection. 📊 Technical Indicators & Structure Supertrend (10,3): Bullish signal still active, suggesting trend strength, though traders should be cautious near resistance. Break of Structure (BoS): Clean upward breaks suggest buyer dominance, but profit booking or sell-side liquidity may emerge near resistance. Volume & Momentum: Impulse candles show strength, but volume tapering near resistance could indicate exhaustion. 📘 Educational Perspective This setup highlights the importance of trading within key zones: Buying at support, where demand is strong. Monitoring resistance for signs of exhaustion or reversal patterns like wicks, doji, or bearish engulfing. Risk Management Tip: In such cases, aggressive traders might short from resistance with tight stops, while conservative traders wait for confirmation (e.g., break and retest of the support or resistance).