$SUI

/USDT Reflecting a Slight Bearish Pressure💯🔥📈 Opportunity for Spot 💯🔥📊

Current Price: $4.37 (down by 0.88% in the last hour)

24h High: $4.76

24h Low: $4.08

24h Volume (SUI): 114.90M

24h Volume (USDT): 507.51M

Key Support/Resistance Levels:

Support Level: $4.08 (24h low) – This could act as a potential entry point if the price retraces to this level.

Resistance Level: $4.76 (24h high) – A key level to monitor for potential exits.

Entry/Exit Strategy:

Buy Entry: Consider entering around $4.08 (if the price retraces to this level) or wait for confirmation of a bounce above this level.

Alternatively, a breakout above $4.37 could also signal a potential entry if the price shows strength.

Exit:

Take Profit (Exit): Around $4.76 (24h high) or target the $4.60-$4.70 range for a conservative exit.

Stop Loss: Below $4.08, around $4.00, to manage risk if the price breaks through the support level.

Market Sentiment:

SUI is currently showing a negative trend of -0.88% in the last hour, reflecting a slight bearish pressure. However, the price remains in a range between support at $4.08 and resistance at $4.76, so monitoring these levels for potential rebounds or breakouts is key.

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