SUI 4H – Approaching Trendline Support, Bounce or Breakdown?

SUI is consolidating near $3.75 and remains above a well-defined ascending trendline from June lows. Price previously broke out from the $3.15–$3.20 zone, which now aligns with secondary support. Stoch RSI is near oversold territory, suggesting buyers may step in soon. A rebound from trendline support could target $4.00+, while a breakdown risks a retest of the $3.20 zone.