Trading Signal Alert for $SUI /USDT – On the 15-minute chart, SUI/USDT is currently trading at 2.9214, reflecting a strong 28.75% increase.
The price has approached a key resistance level at 2.9279, which, if broken, could signal further bullish movement.
For an entry strategy, consider positioning around 2.9220 to align with the current momentum. Target profit levels are set at 2.9350 for TP1, 2.9450 for TP2, and 2.9550 for TP3, maintaining a balanced difference between targets.
A stop-loss at 2.8800 is advised to manage potential downside risk.
The RSI stands at 80.22, indicating overbought conditions, so traders should watch for any signs of a potential pullback or consolidation before making aggressive moves.