Today's Trading Signals for $SUI Sui
Action: Long/Short Positions
Entry Range: $4.20 - $4.35
SUI is exhibiting high trading activity with a 24-hour volume of $1.2B, reflecting 79.56% volume growth, and a 9.47% Vol/Mkt Cap ratio, signaling strong interest and potential volatilityโideal conditions for scalping.
Current Price Action: Consolidation observed around $4.20-$4.35, suggesting preparation for a breakout.
Market Momentum: High FDV ($43.21B) and circulating supply of 2.92B SUI provide liquidity.
Trend Support: While near the all-time high ($4.93), today's price action shows clear resistance at $4.35 and strong support at $4.20.
Trading Strategy
Long Position:
Entry: $4.20 - $4.25 (Buy at support levels)
Stop-Loss: $4.15
Take-Profit: $4.35 - $4.60
Short Position:
Entry: $4.30 - $4.35 (Sell near resistance levels)
Stop-Loss: $4.38
Take-Profit: $4.20 - $4.10
๐ฅ Trade Here๐$SUI
๐จ Note: Trade at your own risk. Always DYOR (Do Your Own Research).
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