The SUI/USDT pair has broken key resistance levels and is currently trading at $4.43, marking a 7.10% increase in the last 24 hours. With strong momentum, the 24-hour high stands at $4.4659, showing potential for further upward movement.
Trade Setup: ā¢ Entry Zone: $4.42ā$4.44 (on retracement for better risk-to-reward). ā¢ Target Levels: ā¢ First Target: $4.60 ā¢ Second Target: $4.80 ā¢ Stop Loss: $4.30 (below the 24-hour low of $4.13).
This setup aligns with the current bullish market sentiment. Risk management is criticalāadjust your position size accordingly and monitor the market for potential shifts.