$SUI

SUI/USDT Technical Analysis - Short-Term Targets

📊 Current Price: $4.5400

📈 24h High: $4.7580

📉 24h Low: $4.1089

Moving Averages (MA):

MA(7): $4.5243

MA(25): $4.5662

MA(99): $4.4872

The short-term price action shows consolidation near the 7-day moving average, indicating potential for a breakout. Volume data also supports strong trading activity, with 24h Volume (SUI) at 87.48M and 24h Volume (USDT) at $391.10M.

Targets 🎯 for SUI/USDT

1️⃣ First Target (Short-Term): $4.65

The price needs to break above MA(25) ($4.5662) to gain momentum.

Strong resistance is expected near $4.65, but if volume remains high, this target can be achieved in the coming sessions.

2️⃣ Second Target (Medium-Term): $4.80

If $4.65 is breached, $4.80 is a psychological resistance level, near the 24h high ($4.7580).

Bulls will need sustained buying pressure to clear this zone.

3️⃣ Third Target (Long-Term): $5.00

If $4.80 is crossed with strong momentum, we could see SUI retesting $5.00.

This level could act as a major resistance, with significant profit-taking expected.

Support Levels:

First Support: $4.48 (near MA(99))

Second Support: $4.10 (24h low)

#SUI🔥 #BinanceLabsBacksUsual