Trading Signals for $SUI
SUI is showing significant volatility, with a strong trading volume of $2.7B over the past 24 hours and a Vol/Mkt Cap ratio of 17.31%, indicating active participation. The price is currently hovering near the day's high of $5.30, with potential consolidation forming between $5.10 and $5.30, which could lead to short-term breakout or retracement opportunities. A scalping approach within this range offers potential, supported by the recent all-time high.

For a long position, entry at support levels near $5.10 could capitalize on bullish momentum if the price breaks above $5.30.

For short positions, entering near resistance at $5.30 might yield results if the price retraces toward the support zone.

Signals:

Long Position:
Entry Range: $5.10 - $5.15
SL: $5.07
TP: $5.35 - $5.55

Short Position:
Entry Range: $5.25 - $5.30
SL: $5.35
TP: $5.05 - $4.90

🥂Trade Here👇$SUI

🚨Note: Trade at your own risk. DYOR.

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