$SUI /USDT Trading Update: Momentum Building!
Current Price: $5.1218 (+10.34%)
24H High: $5.1811
24H Low: $4.4954
Trading Volume: 92.37M SUI / 442.74M USDT
📈 Market Insights:
$SUI has surged past key levels, signaling renewed bullish momentum. The price action shows strong support at $5.0144, with buyers defending this zone aggressively. With a breakout above $5.1432, we could see SUI testing the $5.18 resistance zone again. Watch for sustained volume to confirm this move.
Key Levels to Watch:
Support Levels:
$5.0144 | $4.8476 | $4.6809
Resistance Levels:
$5.1432 | $5.1811
Potential Trading Strategy:
Entry Range: $5.1000 – $5.1400
Targets:
🎯 Target 1: $5.1811 (Immediate Resistance)
🎯 Target 2: $5.2300 (Next Key Level)
Stop Loss: $4.9500 (Below major support)
Observation:
The bullish momentum is supported by a surge in trading volume and a consistent rise in price. A breakout above $5.1432 could ignite further gains. If you're in profit, consider partial profit-taking and trailing your stop-loss to secure gains.