🚀 $SUI
/USDT Technical Analysis – Price Targets 🎯
🔍 Current Price: $3.5862
SUI has shown strong upward momentum in the past 24 hours, gaining +6.05%. However, let's break down the technical levels to monitor the next moves.
📊 Key Levels & Price Targets:
1️⃣ Target 1: $3.65
With the recent high touching $3.6554, this level serves as the immediate resistance. If SUI can break this barrier, it may continue to test new highs. Watch for a break above this level to confirm bullish strength.
2️⃣ Target 2: $3.80
The next major level lies around $3.80, a point where SUI could face strong selling pressure if it manages to break through $3.65. A successful breach could signal further bullish continuation.
3️⃣ Target 3: $4.00
Long-term traders, take note! A rise to the $4.00 mark would require sustained momentum, but it's certainly within reach if SUI maintains its bullish trend. Keep an eye on the price action here for potential breakout signals.
📉 Support Levels to Watch:
Immediate support at $3.34. If SUI retraces, watch for signs of reversal at this key level.
📅 Trade Considerations:
24h Volume: $295.42M
Short-term volatility is present, as seen with the recent -3.63% movement. Ensure proper risk management strategies.
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