Based on the $SUI /USDT 15-minute chart shown:

1. Current Price Action: The price is trading at $5.2197, showing a slight pullback after reaching a 24-hour high of $5.3598. The short-term trend suggests a correction phase following a bullish move.

2. Support and Resistance Levels:

Immediate Support: $5.2000

Immediate Resistance: $5.2500

3. Entry Points:

Long Entry: If the price consolidates near $5.2000 and shows bullish confirmation (e.g., a green candle or bullish pattern), consider entering a long position.

Short Entry: If the price breaks below $5.2000 with volume, consider entering a short position targeting the next key support near $5.1500.

4. Targets:

Long Target: $5.3000 (first target) and $5.3500 (second target).

Short Target: $5.1500 (first target) and $5.1000 (second target).

5. Stop Loss:

Long Position: Place a stop loss below $5.1800.

Short Position: Place a stop loss above $5.2300.

6. RSI and Momentum: Evaluate the RSI or other momentum indicators to confirm whether the pullback is a buying opportunity or if further downside momentum is expected.

7. Final Recommendation: For now, wait for confirmation near $5.2000 before taking positions. A breakout or rebound with strong volume should guide the next move.

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