A “bearish” pattern that often precedes a rally? That’s the intriguing setup unfolding on Sui (SUI) as momentum rotates back into majors and large-cap altcoins. With SUI up roughly 3% and trading near $2.57, buyers have reclaimed the 50-hour MA and are eyeing the next trigger that could propel price into a well-defined target zone. Here’s what the chart is signaling—and how to trade it with discipline.

What’s Moving SUI Right Now

SUI’s 4H chart outlines a developing Bearish Bat harmonic. Despite the name, these structures usually include a bullish “CD” advance into a Potential Reversal Zone (PRZ) before momentum stalls. Broader risk appetite is improving as BTC and ETH notch modest gains—providing a tailwind for continuation if SUI clears its next resistance.

The Harmonic Setup in Focus

The swing began from X ≈ $3.016, with a corrective path into C ≈ $2.341. From there, SUI bounced, reclaimed the 50-hour MA ≈ $2.510, and now presses toward the 100-hour MA ≈ $2.636. A decisive break and close above the 100-hour could confirm the CD leg’s momentum toward the PRZ.

Levels That Matter

• Support: 50-hour MA ≈ $2.510; prior pivot near $2.341 (Point C)
• Trigger: 100-hour MA ≈ $2.636 (4H close above = continuation signal)
• Target/PRZ: $2.93–$3.01 (0.886 XA + extended confluence)
• Invalidation (bulls): sustained move back below $2.510 or loss of $2.341

Actionable Trade Setups

• Scenario A – Trend Continuation: Look for a 4H close above $2.636 and a clean retest/hold as support. Potential targets: $2.88 → $2.93 → $3.01. Maintain a stop below the retest low or below $2.58–$2.60 depending on execution.
• Scenario B – PRZ Fade (Advanced): If price tags $2.93–$3.01, watch for rejection wicks, bearish engulfing on 1H/4H, or RSI divergence before considering a tactical short. Tight invalidation above $3.05; initial pullback targets could be $2.76 and the $2.63 region.

Risk Management and Invalidations

Volatility around the 100-hour MA is common; avoid chasing wicks. If SUI loses the $2.510 base, expect chop or a deeper pullback toward $2.45–$2.41. A break below $2.341 jeopardizes the CD leg narrative—reduce risk and reassess structure. Position sizing should reflect the broader market’s beta to BTC and ETH moves.

Bottom Line

Momentum favors the bulls while SUI holds above the 50-hour MA and reclaims the 100-hour. The clearest edge: trade the breakout-retest into the $2.93–$3.01 PRZ—or wait for confirmation at the PRZ before attempting any mean-reversion fade. Let the levels lead your decisions.

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