$SUI / USDT Technical Analysis: Targeting Key Levels
SUI/USDT continues to show promise in the Layer 1 space. Let’s break down the technical analysis and key price targets for the days ahead.
📊 Market Overview
Current Price: $3.79
24h High: $3.7918 | 24h Low: $3.6043
24h Change: +2.11%
🎯 Key Levels to Watch
1️⃣ Target 1: $3.85
The $3.85 level represents strong resistance. A breakout here could signal further bullish momentum.
2️⃣ Target 2: $4.00
This psychological resistance is a critical threshold. A clean break above $3.85 could lead SUI to test $4.00, a significant milestone for traders.
3️⃣ Target 3: $4.20
In the medium term, $4.20 emerges as a crucial target. Success at this level would confirm sustained bullish momentum and could set the stage for further gains.
📉 Support Levels
A dip below $3.60 may result in a short-term correction.
Despite potential pullbacks, SUI’s fundamentals point to long-term growth.
💡 What to Watch Next
Monitor trading volume and market trends closely. A decisive move above $3.85 could pave the way for a rally, but remain cautious around key resistance zones.
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