$SUI
: Building momentum! Next move? 🔥💯
📊 Current price: $4.500 (+6.59%)
SUI has shown an impressive upside, breaking a crucial resistance level at $4.40 and maintaining its bullish momentum. Recent breakouts indicate strong buyer interest and potential for additional gains.
Key levels to watch:
• Long entry: Look for a correction to $4.40-$4.42 for a safe buy zone with a stop loss at $4.35.
• Short entry: Consider selling near $4.60 if signs of rejection appear, with a stop loss at $4.65.
Potential targets:
• Uptrend: $4.70 (short-term) and $4.90 (medium-term)
• Downtrend: $4.30 (support zone if momentum fails)
💡 Market Overview:
The trend remains bullish as buyers are in control, but watch for consolidation around $4.50. A decisive break above $4.60 could open the doors to $4.70+. At the same time, failure to hold above $4.40 could invite selling pressure.
🎯 Trade Smart: Lock in partial profits at key levels and adjust stop-loss orders to lock in gains. Both short-term and long-term traders can benefit from this setup