$SUI Alert đš â Ready to Move Higher?
Current Price: $1.8515
The SUI token is showing promising signs on the Binance exchange, currently trading at $1.8515, reflecting a notable 4.36% increase in the last 4-hour session. After a day of bullish trading, SUI has risen by 6.81%, with the price fluctuating between $1.7012 and $1.8796. This momentum indicates growing investor interest and a potentially strong market presence.
đ Key Analysis:
Resistance: The immediate resistance is around the recent high at $1.8796. A breakout above this level could pave the way for further gains towards $1.90.
Support: The key support lies at $1.7012. Maintaining above this level is crucial for the bullish sentiment to persist.
đ Trade Suggestions:
Long Trade: Enter above $1.8796, targeting $1.90 and $1.92, with a stop loss just below the support at $1.70.
Short Trade Scenario: If SUI drops below $1.7012, consider short positions with targets at $1.68 and $1.65, placing a stop loss at $1.72.
Market Sentiment: The market volume indicates active trading, suggesting that the current trend could continue with the right market conditions.
Stay tuned for more updates, and always remember to trade wisely!
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