$SUI /USDT Bulls Dominate as #SUI Eyes $5 Breakout $SUI is making a strong upward move, trading at $4.94 with a 3.87% gain in the past hour. The coin recently hit a low of $4.4954 and surged toward its 24-hour high of $4.9900. This momentum suggests a potential breakout above the critical $5 mark.
Bullish Target Points:
1. TP1: $5.00 (Key Resistance)
2. TP2: $5.20 (Extended Upside Potential)
Bearish Target Points:
1. TP1: $4.80 (Initial Support)
2. TP2: $4.65 (Critical Support Zone)
Market Insight
With an RSI of 83, SUI is in overbought territory, indicating strong bullish sentiment but also caution for potential pullbacks. The MACD shows increasing bullish momentum, reinforcing the likelihood of a breakout.
Pro Tip:
If SUI sustains above $4.90, a move past $5.00 could attract more buyers. However, watch for any rejection at $5.00 as it could lead to a retracement toward $4.80. Manage your trades with a tight stop-loss....