$SUI
(SUI): 39,386,000 SUI in the last few minutes, indicating moderate interest.Recent Trading Volume (USDT): 170,245,000 USDT, reflecting a relatively high trading activity.Trade Signals & Strategy:Bullish Scenario:If the price breaks above $4.3500, we can expect a possible continuation toward the next resistance at $4.3702 (MA(99)).Buy Signal Trigger: A confirmed breakout above $4.3500, with increasing volume, could indicate further upward momentum.Target: The next potential targets are $4.3702 and $4.4000.Bearish Scenario:If the price drops below $4.3058, consider a bearish stance as the next support level is around $4.2500.Sell Signal Trigger: If the price breaks below $4.3050, we could expect further downside movement.Target: $4.2500 or lower, depending on the market dynamics.Short-Term Outlook:The market is currently in a neutral to slightly bearish phase, with a mild 1.04% decline in the last 24 hours.The price action shows a small negative change in the last interval, but the support and resistance levels indicate that SUI/USDT is in a tight range.Traders can expect range-bound trading unless there is a breakout above $4.3500 or below $4.3058.Conclusion:
The SUI/USDT market is consolidating with moderate volatility, and traders should look for a potential breakout above $4.3500 for a bullish move or below $4.3058 for a bearish continuation. Pay close attention to volume spikes, as they often precede significant price movements.