$SUI $SUI

SUI/USD Technical Analysis: Current Price at 3.5903

SUI is currently trading at 3.5903, navigating through a critical phase in the market. Let’s dive into the key levels and potential price action for SUI/USD.

🔑 Support: A key support level lies at 3.4000, where SUI has previously found buying interest. If the price dips below this level, it could potentially test the next support at 3.2500.

🚀 Resistance: On the upside, 3.7000 has emerged as a strong resistance level. A successful breakout above this level could propel SUI towards the 3.8500 region, signaling strong bullish momentum.

📈 Entry Strategy: If SUI holds above the support at 3.4000 and shows signs of a rebound, this could offer an attractive long entry with a target of 3.7000. Conversely, a breakout above 3.7000 could be a signal to capitalize on a strong bullish trend.

🔍 Technical Indicators: The RSI is neutral, signaling balanced market sentiment, while the MACD shows a slight bullish divergence. Watch for volume increases to confirm breakout potential.

SUI’s price action at 3.5903 is at a pivotal point—stay alert for a potential breakout or breakdown!

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