🚀 $SUI /USDT Technical Analysis Update 🚀

📊 Current Price: $4.5449

🔝 24h High: $4.7630

🔻 24h Low: $4.0779

🔍 Looking at the chart, SUI/USDT is in an interesting position as it consolidates near the support zone. Let's break down the key levels and targets for the upcoming moves:

📍 Target 1: $4.77 (Resistance Zone)

We see the price testing the 24h high at $4.7630, and if momentum picks up, the next target is the key resistance around $4.77. A break above this level could lead to further upside.

📍 Target 2: $4.14 (SAR Level)

SAR (0.02, 0.2) indicates a support level at $4.1436, suggesting a potential bounce if the price drops further. This level is crucial for bulls to defend and maintain the upward trend.

📍 Target 3: $4.08 (Immediate Support)

If the selling pressure intensifies, the immediate support lies around $4.08. A strong hold at this level could potentially bring a reversal back to the higher targets.

Technical Indicators:

24h Volume: 480.77M USDT

SAR Indicator: Suggesting a potential dip to $4.14 before a bounce.

💡 Strategy: Look for price action near these targets. Breakouts above $4.77 could signal further bullish momentum, while a rejection at $4.08 could lead to consolidation.

Stay tuned for more updates, and make sure to follow for daily analysis! 📈

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