🚨 $SUI /USDT ALERT: Consolidation Zone Identified! 🚨
$SUI is trading near MA7 ($3.72) and MA25 ($3.70), showing a slight upward trend. It remains in a consolidation phase with key resistance at $3.82 and strong support at $3.60.
🎯 Key Levels to Watch:
Target 1: $3.80 – Immediate resistance; a breakout here suggests momentum.
Target 2: $3.96 – Long-term target for bullish continuation.
Target 3: $4.10 – Potential rally zone if momentum sustains.
📉 Support Levels:
$3.70 (MA25): Immediate support to watch.
$3.60 (24h Low): A breach could lead to a deeper pullback.
⚠️ Trading Strategy:
Bullish Entry: Above $3.82 with strong volume confirmation.
Bearish Entry: Below $3.60 for targets at $3.50 and $3.40.
Stop Loss: Place stops around $3.68 to manage risk.
Next Move: SUI’s MACD is neutral, suggesting sideways action before a potential breakout. Watch for a high-volume move past $3.82 for bullish confirmation.
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