$SUI /USDT Trade Signal: Riding the Momentum Wave
$SUI /USDT is currently trading at 3.8565, showing a 21.02% surge in the last 24 hours, with a high of 3.8940 and a low of 3.1000. The price is exhibiting strong bullish momentum, reaching the upper limit of its recent range. Immediate resistance lies at 3.9000, while support is at 3.7500. An optimal entry for traders is in the range of 3.8000–3.8500, targeting further upward movement.
The profit targets are set at 3.9000, 4.0000, and 4.1000 to capitalize on the bullish trend. A stop-loss at 3.7000 is recommended to protect against a potential pullback. With the RSI at 75.14, the asset is entering overbought territory, so traders should monitor closely for signs of consolidation or a potential breakout above resistance.
Maintain focus on volume as it will indicate the strength of the ongoing rally.
