🚨 $SUI /USDT ALERT: Major Momentum Building! 🚨

$SUI /USDT is trading at $4.69, showcasing a 25.25% surge in the last 24 hours. After hitting a high of $4.91, the pair is now consolidating, indicating a potential breakout or retracement. With strong bullish momentum and volume spikes, here’s a breakdown of the critical levels to watch:

Key Levels to Watch

1️⃣ Immediate Resistance: $4.91

A breakout above this level could lead to a test of higher targets. Watch for increased buying pressure.

2️⃣ First Target: $5.20

If SUI sustains above $4.91, this target aligns with Fibonacci extensions, indicating further bullish potential.

3️⃣ Second Target: $5.50

This level reflects the next psychological resistance and could attract profit-taking. Breaking it may lead to new highs.

4️⃣ Support Zone: $4.60

If SUI fails to maintain its current levels, this zone will act as a critical retest level. A breakdown here could send the price toward $4.30.

Technical Insights

Trend: Bullish, supported by high trading volume and 30-day momentum (+47.51%).

Volatility: High – expect sharp moves with price consolidation near $4.70.

Indicators: RSI suggests overbought conditions; corrections could follow before another leg up.

💡 Strategy:

Bullish Play: Enter on a breakout above $4.91 with targets at $5.20 and $5.50.

Bearish Play: Watch for rejection at $4.91 and consider shorting if the price breaks below $4.60, aiming for $4.30.

Manage risks and stay updated—volatility ahead!

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