๐ $SUI /USDT Technical Analysis - Strong Support and Potential Breakouts ๐ฏ
SUI has shown slight bullish momentum recently, holding steady with a positive price movement. Letโs dive into the technicals and highlight key targets for potential price action!
๐ Current Price: $4.3496 (+0.04%)
๐ 24h High: $4.4524 | 24h Low: $4.1089
๐ 24h Trading Volume (SUI): 86.70M | 24h Trading Volume (USDT): $371.46M
Key Targets ๐ฏ
1. $4.35
A minor resistance level. A break above this could indicate further upward movement towards stronger resistance zones.
2. $4.45
The immediate high of the day. If SUI pushes past this resistance, we can expect a potential surge towards the next higher targets.
3. $4.55
A critical resistance level that will be key for the continuation of the uptrend. A break above this could trigger further bullish sentiment, pushing the price higher.
๐ Technical Indicators:
RSI: Neutral to slightly bullish, indicating steady upward pressure.
EMA: The price is trading above the 50 and 200 EMAs, suggesting an overall uptrend.
๐ก Conclusion:
SUI is in a healthy uptrend with solid support at $4.35. Keep an eye on $4.45 and $4.55 for breakout opportunities. The market remains bullish if key resistance levels are broken, so stay alert!
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