🚨 $SUI /USDT ALERT: READY FOR A BREAKOUT OR NEW LOWS? 🚨

SUI/USDT is trading at $4.4994, slightly down by 1.32% over the past 4 hours. After rebounding sharply from $3.4920, SUI is now consolidating, showing signs of building momentum for its next move.

Key Levels to Watch:

Support: $4.23 – A critical level to hold; a break below could lead to retesting $3.95 or lower.

Resistance Targets:

1. $4.90 – Immediate resistance to clear for upward momentum.

2. $5.03 – A key breakout point for further bullish action.

3. $5.35 – The next major target if bullish momentum sustains.

Trade Setup:

Long Entry: Consider an entry above $4.60, targeting $4.90, $5.03, and $5.35 with a stop-loss at $4.30.

Short Entry: If the price drops below $4.20, watch for a decline toward $3.95 and $3.75. Use a stop-loss at $4.50.

Market Insight:

Volume is climbing, suggesting heightened volatility. Traders should be prepared for a potential breakout or breakdown in the coming hours.

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$SUI