$SUI /USDT Alert Guys, Buy the Dips – Hurry Up Before It Breaks Out #SUI is trading at $4.7980, showing slight positive momentum as the market steadies after a recent recovery. Here’s an analysis of the critical levels:
Support Levels:
$4.70: A near-term support level that has held well during minor corrections.
$4.50: A stronger support zone to watch for a potential rebound if selling pressure increases.
Resistance Levels:
$4.92: A significant resistance level; a breakout here could push SUI toward higher highs.
$5.10: The next resistance to watch for confirmation of sustained bullish momentum.
🎯 Trading Strategy:
For Bulls: Consider buying near $4.70 with a stop-loss at $4.50. Targets can be set at $4.92 and $5.10.
For Bears: Short positions can be considered if SUI breaks below $4.70, targeting $4.50 or lower.
🔥 Market Insights:
SUI’s rising RSI suggests growing bullish momentum. Increasing volume near resistance could signal a breakout attempt, but failure to sustain above $4.92 may result in further consolidation. Stay alert for volatility near these levels ...