$SUI /USDT: Ready to Reclaim Higher Grounds!
Current Price:
$SUI /USDT is trading at $4.2111 (+0.18%), consolidating after a strong recovery from $4.0671.
Key Targets to Watch:
1. $4.3050 – Immediate resistance, breaking this level could trigger a short-term rally.
2. $4.4150 – Medium-term target with significant historical resistance.
3. $4.5000 – Long-term bullish target, signaling strong buyer momentum.
Technical Insights:
MA(7) trending above MA(25): Indicating short-term bullish momentum.
MA(99) acting as resistance: A breakout above $4.2348 will confirm upward momentum.
Strong rebound from $4.0671 suggests active buyer interest in the current range.
Trading Strategy:
Entry Zone: $4.2000–$4.2150 for optimal positioning.
Stop-loss: $4.1500 to limit downside risks.
Gradual profit-booking recommended at each target.