In the chart, a significant rise is observed in #SUI5L# /USDT on the 4-hour period. Now let's do the technical analysis step by step:

General Overview:
• Price: 0.11576 USDT
• Last 24-hour rise: +%52.77
• Highest level (24h): 0.11823
• Lowest level (24h): 0.07479
• There is clearly a rise trend.

Technical Indicators:

1. Price and Candles:
• The price has risen from the level of 0.06336 to 0.11823 in a short period.
• This represents an increase of over 80%.
• Currently, the candles have reached the upper band and there is almost a vertically rising structure. This situation usually indicates a possibility of a short-term correction.

2. Bollinger Band:
• The price is trading well above the upper band.
• In the overbought zone.
• There has been an explosion after the Bollinger squeeze (bands are widening).

3. MACD:
• There is a strong divergence between the MACD line and the signal line.
• Histogram bars are growing and in the positive region.
• This indicates that the momentum is still strong but shows signs of overheating.

4. Volume (VOL):
• Trading volume has significantly increased (Vol: 352.81K → above MA).
• There is solid volume support behind the rise.
• The increase in volume indicates that the trend is healthy, but profit-taking may occur at these levels.

Support and Resistance Levels:
• Main resistance: 0.11823 (currently being tested)
• First support: 0.10531 (previous breakout point)
• Stronger support: 0.08593 – previous horizontal resistance level
• Lower support: 0.06655 – trend starting point

Possible Scenarios:

Positive Scenario:
• If the price breaks the resistance of 0.11823 with volume,
• A new rise wave may start towards the 0.13 – 0.15 band.
• However, one should be careful of the FOMO trap at this point.

Negative/Correction Scenario:
• Overbought conditions, steep rise, and contact with the upper band increase the risk of correction.
• A pullback in the range of 0.105 - 0.085 may be healthy in the short term.
• If 0.085 is broken, the rise trend weakens.

Strategic Proposal:
• For those who have: The stop level should be set below 0.105.
• New entrants considering: A slight pullback in the price and a regain of strength should be expected, especially there could be a buying opportunity between 0.085 - 0.095.
• High volatility and profit-taking risk should not be forgotten in the short term.