$SUI 2.50 is too soon happening

SUI's resilience amidst Bitcoin's decline is notable. Recent low at 1.65, now trading near 2$, SUI's uptrend suggests:

Technical Analysis:

RSI: 65 (neutral/bullish)

MACD: Increasing bullish momentum

Support Levels:

1.80-1.90 (immediate support)

1.65-1.75 (strong support)

Resistance Levels:

2.20-2.30 (immediate resistance)

2.50-2.60 (medium-term target)

Buyers may consider entering at:

1.90-2.00 (support zone)

2.20-2.30 (breakout)

Targets:

2.50-2.60 (medium-term)

2.80-3.00 (long-term)

Stop-loss: 1.60

Sellers may target:

1.80-1.90

1.65-1.75

Break below 1.90 confirms potential reversal.

Factors driving SUI's price:

1. Decoupling from Bitcoin

1. Increased buying pressure

1. Positive market sentiment

Strategies:

1. Buy on dips (1.90-2.00)

1. Sell on rallies (2.20-2.30)

1. Monitor Bitcoin's influence

1. Adjust positions based on market developments

Risks:

1. Bitcoin's decline impacting SUI

1. Overextension above 2.50

Consider:

1. SUI's relative strength against Bitcoin

1. Potential for further upside

1. Risk management techniques

SUI's 2.50 target seems achievable, but monitor Bitcoin's movements and adjust strategies accordingly.

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