$SUI /USDT Technical Analysis 🚀
Current Price: $4.1366 (-4.35%)
Timeframe: 30-Min Chart
Targets Identified: 1️⃣ Immediate Resistance: $4.2000
A breakout above this level could signal the start of a short-term recovery. Monitor the volume for confirmation.
2️⃣ Mid-Term Target: $4.3000
This level aligns with recent price rejection. Overcoming this resistance could strengthen bullish momentum.
3️⃣ Long-Term Target: $4.4500
The 24-hour high and a key psychological level. Breaking this could confirm a bullish reversal and attract further buying interest.
Technical Highlights:
Support Zone: $4.1000 (close to 24H Low at $4.1089)
Trend: Bearish in the short term, but potential for stabilization near support.
Volume: Moderate, with 87.37M SUI traded in the past 24 hours.
Pro Tip: Use stop-loss orders below the $4.1000 support to manage risk. Take partial profits at each target and adjust stop-losses to lock in gains as the price moves higher.
