SUI/USDT Technical Analysis: 3 Key Targets to Watch
As SUI/USDT continues its bullish momentum, breaking through the $2.50 resistance zone, traders are eyeing potential price targets based on key technical levels. Let’s dive into the charts and identify three important targets to monitor in the coming sessions:
Current Price: $2.5776
24h Change: +14.43%
Key Levels & Targets
1. Target 1: $2.62 (Resistance Zone)
The immediate resistance level for SUI/USDT is at $2.6176, marking the 24-hour high. A break above this level could lead to further gains, with $2.62 as the next target. This zone is a key pivot, and a successful breakout here would signal increased upward momentum.
2. Target 2: $2.50 (Support Zone)
The psychological support at $2.50 is crucial for any potential pullbacks. If the price retraces, this level could serve as a strong base for buyers looking to re-enter, supporting the bullish trend. A bounce here would confirm continuation.
3. Target 3: $2.36 (SAR Indicator Level)
The Stop and Reverse (SAR) indicator is currently set at $2.3861. This level is essential, as a drop below it could signal a trend reversal. Holding above $2.36 would reinforce the bullish trend.
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