$SUI /USDT Technical Update - Breaking New Heights!

Current Price: $5.1157 (+10.13%)

Key Highlights:

24H High: $5.1330

24H Low: $4.4954

Volume: 91.46M SUI

Technical Overview:

$SUI/USDT has surged strongly, breaking above critical EMA levels:

7 EMA: $4.9496

25 EMA: $4.8101

99 EMA: $4.8186

The price has reached a fresh high at $5.1330, indicating a bullish breakout with strong momentum.

Support Levels: $5.0000 | $4.9000

Resistance Levels: $5.1500 | $5.3000

What’s Next?

A sustained move above $5.1500 could lead to further upside, targeting $5.3000. However, consolidation around $5.0000 might occur before continuing the rally.

Strategy:

Consider entries around $5.0500-$5.1100 with targets at $5.2000 and $5.3000. Use a stop-loss at $4.9500 to minimize risk.

Observation:

The surge is backed by rising volume, signaling strong buyer interest. Watch for confirmation above $5.1500 to validate the continuation of the uptrend.

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