🚨 $SUI /USDT: Down 11.67% – Is a Comeback on the Cards? 🚨
$SUI /USDT is trading at $3.6176, showing a significant 11.67% drop in the last 24 hours. With a substantial trading volume of 159.16M, the market is at a critical point, presenting both challenges and opportunities for traders.
🎯 Key Targets to Watch:
Target 1: $3.8000 – Immediate resistance; a move above could hint at short-term recovery.
Target 2: $4.0000 – Mid-term target; reclaiming this level may indicate renewed bullish momentum.
Target 3: $4.2000 – Major resistance; crossing this could confirm a strong rally.
🔑 Support Levels:
Support 1: $3.5000 – A critical level to maintain for market stability.
Support 2: $3.3500 – Breach below this may lead to extended bearish action.
💡 Trading Insight: Monitor closely for volume surges and confirmation signals at key levels. Use tight stop-losses to manage risk effectively in this volatile environment.
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