🚨$SUI SUI/USDT Update: Critical Levels in Play! 🚨
$SUI is currently trading at $3.3798, down 6.37%, with a strong volume of 188.40M USDT in the last 24 hours. Here’s what you need to watch:
📊 Key Levels to Monitor:
🔼 Resistance Zones:
$3.9409: Major resistance—breaking above this level could push SUI toward $4.0581.
$3.6000: Immediate resistance, indicating short-term bullish sentiment if surpassed.
🔽 Support Levels:
$3.1991: Immediate support, holding this level is crucial for stability.
$2.9400: Strong support, a fallback zone in case of further declines.
💡 Potential Scenarios:
1️⃣ Bullish Outlook: A breakout above $3.6000 could pave the way for a retest of $3.9409, with momentum building toward the $4+ zone.
2️⃣ Bearish Risks: If SUI loses the $3.1991 support, it may test $2.9400, where buyers could re-enter.
⚠️ Pro Tip: Watch for increasing volume near key levels to confirm breakouts or retracements. SUI is showing strong Layer 1 activity, making it a high-potential trade in the mid-term.
What’s your play on SUI? Share your insights below!
