As of May 15, 2025, here’s a 4-hour technical analysis of the SUI/USDT trading pair:

SUI is currently trading at $3.90, reflecting a slight decline of 3.94% over the last 4-hour period. The price has fluctuated between an intraday high of $4.08 and a low of $3.88, indicating moderate volatility.

Technical Overview:

Price Action: The recent downward movement suggests a potential short-term bearish trend. However, the price remains within a relatively narrow range, which could indicate consolidation.

Support and Resistance Levels: Immediate support is observed around $3.88, with a more substantial support level near $3.75. Resistance is noted at $4.08, and a break above this could signal a bullish reversal.

Volume Analysis: Trading volume appears consistent, suggesting steady market interest. A significant increase in volume could precede a breakout in either direction.

Conclusion:

The SUI/USDT pair is exhibiting signs of consolidation within the $3.88 to $4.08 range. Traders should monitor for a breakout above resistance or a breakdown below support to identify the next directional move. Employing risk management strategies, such as stop-loss orders, is advisable given the current market conditions.

Please note that this analysis is based on current market data and should not be considered financial advice. Always conduct your own research before making trading decisions.