SUIUSDT: local squeeze with $0.85 destinationSUI / TetherUSBINANCE:SUIUSDT3CommasThe Macro Picture 🗺️ SUI's macro structure remains broken from the May–June flush that took price from the $1.00 decision zone through the prior $0.78 floor and into a $0.66 capitulation wick. Since that low, the chart has carved a tight post-breakdown range between $0.70 local support and $0.85 upper supply — a volatility playground where over-leveraged bears get trapped on every relief impulse. The first $0.85 test rejected as expected, but each subsequent dip is holding higher inside the range, signalling that supply is being absorbed rather than reloaded. RSI has compressed into the 30–40 band, the classic structural signature of a coil winding into resolution. The Setup ⚙️ The Broken Decision Zone: The $1.00 line that capped the prior accumulation now sits as the distant macro ceiling — irrelevant for this local play but it frames the broader trajectory once the squeeze fully resolves. The Local Bounce Support: The $0.70 line marks the floor bulls must defend through the coil — the demand zone built by the June capitulation low and the subsequent series of higher closes that established the base of this range. The Squeeze: Price is winding into a tightening coil between $0.70 and $0.80, with each oscillation narrower than the last. This is textbook pressure accumulation — bulls and bears alternating defence of the boundaries while the coil resolves toward the dominant side. The Upper Supply: The $0.85 line is the immediate destination — the supply ceiling that rejected the first relief attempt and now sits as the magnet for the impulse once the coil completes its compression cycle. The Roadmap: Primary target sits at $0.85 — the white projection traces several oscillations between $0.70 support and the intra-range mid before a clean impulsive push back into the upper supply pocket. Invalidation: a sustained 1D close below $0.66 would invalidate this local bullish thesis and reopen the path toward the $0.60 extension target.