šØ $SUI /USDT: Down 11.67% ā Is a Comeback on the Cards? šØ
$SUI /USDT is trading at $3.6176, showing a significant 11.67% drop in the last 24 hours. With a substantial trading volume of 159.16M, the market is at a critical point, presenting both challenges and opportunities for traders.
šÆ Key Targets to Watch:
Target 1: $3.8000 ā Immediate resistance; a move above could hint at short-term recovery.
Target 2: $4.0000 ā Mid-term target; reclaiming this level may indicate renewed bullish momentum.
Target 3: $4.2000 ā Major resistance; crossing this could confirm a strong rally.
š Support Levels:
Support 1: $3.5000 ā A critical level to maintain for market stability.
Support 2: $3.3500 ā Breach below this may lead to extended bearish action.
š” Trading Insight: Monitor closely for volume surges and confirmation signals at key levels. Use tight stop-losses to manage risk effectively in this volatile environment.
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