$SUI

/USDT Market Analysis: Key Levels and Next Move🔥💯

The 30-minute chart of the $SUI /USDT pair shows the price consolidating between two important areas: resistance around $4.30-$4.37 and support at $4.10-$4.15. This structure highlights a sideways market with potential breakout opportunities.

Key Insights:

1. Set up a short trade: If the price rejects the resistance at $4.30, consider opening short positions with targets near $4.15 and a stop loss above $4.37.

2. Set up a long trade: The bounce from the support area at $4.10-$4.15 provides a good entry for long trades, targeting $4.30-$4.37, with a stop loss below $4.05.

Next move in the market:

The price is ready to break out of this consolidation. If volume increases and the price breaks $4.37, we could see an extended rally towards $4.50 or higher. Conversely, a break below $4.10 could push the price towards $4.00.

Patience is key in this confined environment. Watch volume and candlestick patterns for confirmation before entering trades