🚀 $SUI /USDT Technical Analysis – Next Moves to Watch! 🎯

The Layer 1 blockchain project, SUI, is showing promising momentum, with an impressive +20.50% price surge in the last 24 hours. Here’s a detailed look at the potential price targets based on recent market activity:

Current Price: $4.82

24h Range: $3.4920 - $4.8314

🎯 Targets for SUI/USDT:

1️⃣ First Target: $5.00

A psychological resistance level where traders might look to book short-term profits. If breached, it could attract further bullish momentum.

2️⃣ Second Target: $5.50

Aligns with a mid-term resistance zone, supported by the current volume increase and positive sentiment in the market.

3️⃣ Third Target: $6.00

A long-term target where SUI could establish a new high if buying pressure remains strong. Watch for consolidation near this level.

Key Insights:

Support Zone: Strong support near $3.50, which acted as a base for the recent rally.

Volume Spike: Trading volume of 194.79M SUI highlights heightened interest from traders.

RSI Levels: SUI is entering overbought territory on shorter timeframes, so corrections might occur before hitting higher targets.

Trading Tip: Keep an eye on $4.83 as a critical pivot point. A break above this level with strong volume can confirm further upward movement.

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