š $SUI
/USDT Technical Analysis: Ready for Action? š
The SUI/USDT pair has been showing some interesting price action, and it's time to dive into the technicals. Let's break down the key levels and potential targets to watch out for. š
š¹ Current Price: $3.81
š¹ 24h High: $3.94
š¹ 24h Low: $3.57
With a 1.89% increase over the last 24 hours, SUI is showing strong momentum. Letās zoom into the key targets for potential moves.
šÆ Target 1: $4.00
This psychological level could act as a strong resistance point, and a break above it could set the stage for further gains. If SUI breaks through $4.00, we could see a bullish continuation.
šÆ Target 2: $3.55
If the market faces some short-term pullback, the $3.55 mark is a key support level to watch. This could offer a potential buying opportunity for those looking to enter at a lower price.
šÆ Target 3: $4.10
Beyond $4.00, the next major resistance is at $4.10. If the momentum continues, we could see SUI pushing higher towards this level, marking a strong upward move.
Key Levels to Watch:
Support: $3.55
Resistance: $4.00 and $4.10
š Trading Tip: Stay alert to any breakout above $4.00 or a dip to $3.55 for a possible buying opportunity. Be sure to keep an eye on volume and market sentiment for confirmation of trends!
As always, do your research and trade wisely. š
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