$SUI /USDT Trading Signal – Momentum Builds Amid Bullish Run
Current Price: $5.2538 (+8.25%)
24h Range: $4.8406 - $5.3598
24h Volume: 95.10M SUI
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Observation
$SUI has made a remarkable run, reaching a high of $5.3598, fueled by bullish momentum. Currently consolidating near $5.25, the price shows signs of building strength for the next leg up.
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Trading Plan (1H Timeframe)
Long Entry: $5.20 - $5.30
Targets:
T1: $5.40
T2: $5.60
T3: $5.80
Stop Loss: $5.10
Alternate Plan:
If price breaks below $5.20:
Short Entry: $5.20 - $5.10
Targets:
T1: $5.00
T2: $4.90
Stop Loss: $5.30
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Analysis
MACD shows mild bearish divergence, suggesting short-term consolidation before the next move. A breakout above $5.36 could open doors for higher targets, while support near $5.20 offers a strong entry zone for bulls.
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Strategy Advice
Watch for increased trading volume to confirm breakout potential. Secure profits at target levels, and adjust stop-losses as the trade moves in your favor.
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