๐ $SUI /USDT Market Update โ Bullish Reversal in Play? ๐
๐ Current Price: $4.1493 (+11.81%)
๐ 24H High: $4.2129
๐ 24H Low: $3.6179
๐ 24H Volume: 94.77M SUI
$SUI has bounced back strongly, recovering from a sharp decline and now attempting to break resistance at $4.20. If momentum holds, we could see further upside potential, but key resistance zones must be cleared for a sustainable rally.
๐ฅ Trading Strategy โ Long & Short Setups ๐ฅ
๐ Long Trade (Bullish Setup):
๐ Entry: $4.10 - $4.15
๐ฏ Targets:
1st TP: $4.30 (Immediate Resistance)
2nd TP: $4.50 (Key Breakout Zone)
3rd TP: $4.70+ (Extended Target)
๐ Stop-Loss: Below $4.00
๐ Bullish Scenario: If SUI sustains above $4.15 and breaks $4.20, a move toward $4.30 - $4.50 is highly probable.
๐ Short Trade (Bearish Setup):
๐ Entry: $4.20 - $4.25 (If Rejected)
๐ฏ Targets:
1st TP: $4.00 (Support Zone)
2nd TP: $3.85 (Demand Level)
3rd TP: $3.70 (Retest of Recent Lows)
๐ Stop-Loss: Above $4.30
๐ Bearish Scenario: If SUI struggles at $4.20-$4.25, a rejection could lead to a pullback toward $4.00 - $3.85 before another potential bounce.
๐ฎ Market Prediction & Sentiment
๐ Bullish Case: A breakout above $4.20 could fuel a rally toward $4.50 - $4.70 in the short term.
โ ๏ธ Bearish Case: Losing $4.00 may trigger a dip toward $3.85 - $3.70 before the next potential reversal.
๐ก Key Levels to Watch:
โ Resistance: $4.20 - $4.30
โ Support: $4.00 - $3.85
๐ข Final Thoughts: SUI is showing strong recovery and is at a critical resistance level. A breakout above $4.20 could trigger further gains, while rejection may lead to a healthy correction before the next move. Trade wisely, manage risks, and follow the trend! ๐๐ฅ
#SUI๐ฅ #crypto #trading #MarketUpdate ๐$SUI
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