🚨 $SUI /USDT Surges 9%: Will $4.66 Lead to a Breakout? 🚨
SUI is trading at $4.6691, up a remarkable 9.15% in the past 24 hours. After rebounding from a low of $4.1089, the price shows strong bullish momentum, heading toward key resistance levels.
Targets for the Upside:
1. $4.7580 – Immediate resistance; a breakout could confirm bullish continuation.
2. $4.9000 – Key psychological level and mid-term target.
3. $5.0000 – Major resistance signaling a potential long-term rally.
Support Levels to Watch:
$4.5000 – First support level to maintain upward momentum.
$4.1000 – Critical support; a breakdown here could signal a deeper correction.
Trade Setup:
Long Entry: Above $4.7580 with targets at $4.9000 and $5.0000.
Short Entry: Below $4.5000 targeting $4.1000.
Stop-loss: Set below $4.1000 for risk management.
⚠️ Market Insight: Rising trading volume confirms growing interest in SUI. Watch for a breakout above resistance or pullback to support for optimal entries.
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