🚀 $SUI /USDT: APPROACHING RESISTANCE – WILL IT BREAKOUT? ⚡

The $SUI/USDT pair is currently trading at 5.2007, testing key resistance levels. Traders should stay alert for potential breakout or pullback scenarios at these crucial zones.

📊 Trade Scenarios:

Entry Point: 5.2007

Take Profit (TP 1): 5.4000

Take Profit (TP 2): 5.6000

Take Profit (TP 3): 5.8000

Stop Loss (SL): 5.0000

Support is located at 5.0000, while resistance is at 5.4000. A breakout above 5.4000 could lead to a bullish momentum push toward 5.6000 and 5.8000. Conversely, a drop below 5.0000 could signal bearish pressure and a potential retracement.

📉 Market Outlook:

SUI is consolidating above 5.0000 support, indicating strength for a potential breakout towards 5.4000. A successful breakout above 5.4000 would confirm continued bullish momentum. However, a failure to hold support could lead to a pullback and test lower levels.

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$SUI

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