SUI / TetherUS
Long

SUI/USDT Massive Cup and Handle Pattern Unfolding Is a Breakout?

212
🧠 Technical Overview:

The daily chart of SUI/USDT showcases a textbook formation of the Cup and Handle pattern — a powerful bullish continuation signal that often precedes explosive upside moves.

The “Cup” took shape between January and July 2025, reflecting a deep rounding bottom. This indicates a long-term accumulation phase where bears gradually lose control.

The “Handle” is currently forming as a downward-sloping consolidation channel, often known as a bullish flag, which is typically the final pause before a breakout.


🔍 Key Technical Levels:

Current Price: $3.9661

Support Zone: $3.96

Major Resistance Levels to Watch:

$4.10 (handle resistance & breakout trigger)

$4.40 (local structural high)

$4.77 (previous high & fib extension zone)

$5.00 (psychological level)

$5.36 (measured move target from cup breakout)


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🟢 Bullish Scenario: Breakout Incoming

If price breaks and closes above the handle resistance around $4.10, backed by increasing volume:

This confirms the Cup and Handle breakout.

Expect a rapid move toward $4.77 – $5.36 in the short to mid term.

The height of the cup projected upward gives a target of approximately +35% gain from breakout point.


🔔 Watch for:

Bullish engulfing candles

Volume spike during breakout

Break of upper trendline from the handle


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🔴 Bearish Scenario: Breakdown Risk

If the price fails to hold the $3.96 support and breaks down from the handle channel:

Price may retest lower support zones near $3.60 or even $3.20

However, as long as the cup’s base at ~$2.50 holds, the macro bullish structure remains valid.


⚠️ Invalidation: A daily close below $3.60 would invalidate the short-term bullish setup.


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📊 Pattern Psychology:

The Cup and Handle pattern reflects investor accumulation, shakeout, and renewed confidence. This is often seen in strong uptrending markets — and the current structure suggests that bulls are quietly preparing for a potential breakout.


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📅 Timing Outlook:

Handle formations typically last between 1–3 weeks. If this timeline holds, a breakout could occur before mid-August 2025.


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✅ Conclusion:

The technical setup for SUI/USDT is extremely compelling. With a strong Cup and Handle pattern nearing completion, and key resistance just overhead, traders should prepare for potential breakout conditions. A confirmed move above $4.10 could trigger a bullish wave toward $5.00+.

📌 Set alerts. Manage risk. And don’t ignore the volume.


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