$SUI $SUI
SUI/USDT Analysis: A Potential Dip Buy
The SUI/USDT pair is currently in an uptrend, trading near $3.4104. However, a closer look reveals potential support and a potential entry strategy for risk-tolerant traders.
Key Points:
* Support: The $3.1000 level is a strong support zone. A break below this could signal further downside.
* Resistance: The $3.4640 level has acted as resistance in the past. Breaking above this could signal a bullish reversal.
* Entry Strategy: Consider buying on a dip to the $3.1000 support level with a stop-loss below the recent low.
Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Always do your own research.
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