$SUI

/USDT - Technical Analysis & Trade Insights

Current Price: $3.45 (-0.34%)

Trend: Bearish consolidation with potential for recovery.

SUI is currently trading near its 24-hour low of $3.39, indicating possible oversold conditions. Let's dive into the targets based on its recent price action and volume dynamics:

🎯 Targets

Target 1: $3.65

Resistance near the 24-hour high.

A break above $3.50 with strong volume could drive the price to this level.

Target 2: $3.80

Strong resistance zone on the 4-hour chart.

Buyers stepping in above $3.65 could push SUI toward this point.

Target 3: $4.00

Psychological barrier and a key Fibonacci level.

Achievable if bullish momentum sustains above $3.80.

Key Levels

Support: $3.40, $3.20

Resistance: $3.65, $3.80

Trading Strategy

Watch for a breakout above $3.50 with increased trading volume.

Set tight stop-loss levels to minimize risk, especially if the price breaks below $3.40.

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