📈 $SUI /USDT Technical Analysis – Next Moves Unveiled! 💯🔥🔥
Current Price: $4.53 (+10.11%)
Timeframe: 30m Chart
The recent price action in SUI/USDT shows a sharp recovery after testing the $3.49 support level. A breakout above the key $4.50 psychological resistance has fueled bullish momentum, indicating a potential for further upside.
Key Levels to Watch:
• Long Entry: Buy above $4.60 with a target of $4.80.
• Short Entry: Sell below $4.45 with a target of $4.20.
Market Next Move:
1. Bullish Scenario: If the price sustains above $4.50 and breaks $4.60, we could see a rally toward the $4.80 resistance. RSI and volume support the upside momentum.
2. Bearish Scenario: Failure to hold $4.50 might lead to a pullback, with $4.20 as the next support level.
💡 Strategy Tip: Secure partial profits at key levels and trail your stop-loss for optimal gains. Stay updated as this volatile market offers both short-term and long-term trading opportunities.
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