$SUI /USDT has been on a strong bullish run in the past 24 hours, with a significant price surge of over 12.9%. The current price is $4.6071.
* Entry: Consider entering a long position around the current price or a slight pullback to the $4.2707 support level.
* Resistance: The immediate resistance level is at $4.6315. Breaking above this level could open the door to further upside potential.
* Support: The $4.2707 level is a critical support level. A break below this level could signal a potential reversal in the bullish trend.
* Take-Profit Targets:
* Target 1: $4.6315 (Immediate resistance)
* Target 2: $4.6885 (Higher resistance level)
* Target 3: $5.00 (Psychological resistance level)
* Stop Loss: Place a stop loss order below the $4.2707 support level to limit potential losses.
Cautionary Note: While SUI/USDT is currently in a strong uptrend, it's important to exercise caution and manage risk. Keep an eye on the market for any signs of instability or a potential reversal. Watch for breakouts or breakdowns of key support and resistance levels
