$SUI
๐ SUI/USDT Technical Analysis โ Is SUI Ready for a Surge? ๐
SUI is currently trading at 4.7894 USDT, showing strong momentum with key levels in play. Here's the analysis:
๐ธ Support Zone: The price has solid support around 4.7000-4.7500, which is helping to maintain the bullish structure. A dip below this zone could test further support near 4.6000.
๐ธ Resistance Zone: The immediate resistance is at 4.8000, with a breakout above this level likely to push SUI towards 4.9000-5.0000 in the short term.
๐น Entry Strategy:
Look for a break and close above 4.8000 with strong volume to confirm upward momentum.
Target Zones: First target at 4.9000, extended target at 5.0000.
Stop-loss: Place it below 4.7000 to manage downside risk.
๐ฅ Why This Matters: SUI is consolidating near key resistance, and a breakout could spark a fresh bullish move. Traders should watch for confirmation with volume to catch the next wave up.
๐ Keep SUI on your radarโthis setup is primed for a potential rally! ๐จ
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