$SUI is currently trading at $1.7024, down by 10.93%. While today's drop is notable, recent price action hints at a potential recovery, with the price rebounding from a low of $1.5983.
Technical indicators highlight critical trading opportunities: a sharp decline towards support at $1.5983, followed by a strong bounce, signals possible upward momentum ahead.
Trade Setup:
Long Trade: Entry above $1.7202, targeting $1.7900 as the next key level.
Short Trade: If the price falls below $1.5983, consider a short position with a target near $1.5600.
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