🚀$SUI SUI/USDT Surges 7.76%: Will the Bullish Momentum Push Beyond $4.75?

📈 Current Price: $4.5831 (+7.76%)

🔺 Resistance Levels: $4.7580 and $4.79

🔻 Support Levels: $4.3144 and $4.1089

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Market Snapshot

SUI is riding a strong bullish wave, with a notable 7.76% gain in the last 24 hours. The token reached a daily high of $4.7580, with strong upward momentum reflecting increased buying interest. The question is, can it sustain the momentum and push past the critical $4.75 resistance?

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Key Indicators to Watch

1️⃣ Volume Spike:

Trading volume remains high, signaling strong market participation in this rally.

2️⃣ RSI Momentum:

RSI is approaching overbought territory, indicating potential consolidation before the next move.

3️⃣ Support Zones:

Strong support lies at $4.3144, with $4.1089 serving as a key level for buyers to watch.

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Scenarios to Watch

Bullish Case:

A breakout above $4.7580 could lead SUI to challenge the $4.79 resistance and possibly aim for $5.00, a major psychological level.

Bearish Risks:

Failure to hold above $4.5831 could see a retracement toward $4.3144 or lower, creating potential buying opportunities.

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Trading Strategy

✅ For Bulls:

Look for a breakout above $4.7580 with high volume to confirm further upward momentum.

Targets: $4.79–$5.00.

✅ For Bears:

Consider short positions if SUI drops below $4.3144, targeting $4.1089 or lower.

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Final Thoughts

SUI’s rally showcases strong market confidence, but the next move depends on its ability to overcome the $4.75 resistance. Watch for volume and RSI signals to gauge the strength of this bullish trend.

Will SUI break $5.00 and set a new benchmark? Stay tuned for more action!

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