The current price of $SUI /USDT is at 1.3385 USDT, showing a notable increase of 14.66% over the past 24 hours. The nearest resistance level is observed at 1.3930, which serves as a potential barrier to further upward movement. If the price breaks above this resistance, traders could look to target levels above 1.4000 for a potential continued upward trend.

On the downside, the nearest support level is around 1.2700. If the price declines below this level, it could signal a downward move, potentially targeting lower support levels such as 1.2100. Traders looking to enter a short trade should monitor this support for a break and confirm further downside.

Momentum indicators like the KDJ show a recovery, with the K value starting to turn upward, suggesting that there could be buying pressure building up. The price movement remains volatile, but current trends suggest opportunities for both long and short trades depending on price action around these key levels.

Risk management is essential in these volatile market conditions, and traders should place stop-losses at strategic points below support or above resistance to protect against unexpected price movements.

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