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$SUI SUI/USDT Technical Analysis | January 2025 🚀
🔹 Current Price: 4.3508 USDT (~Rs1,212.61)
🔹 24h High: 4.3957 USDT
🔹 24h Low: 4.0460 USDT
🔹 24h Volume: 32.89M SUI, 139.34M USDT
🔹 24h Price Change: +5.58%
📊 Market Overview
SUI has shown positive momentum in the last 24 hours, with the price hovering around 4.3508 USDT. The current uptrend signals potential bullish moves. Let’s analyze the key target levels to watch for in the coming days.
🎯 Target 1: 4.3957 USDT (Near-term Resistance)
The immediate resistance level stands at 4.3957, which marks the 24-hour high. A break above this level would open up the potential for further upside movement towards the next target.
🎯 Target 2: 4.5000 USDT (Psychological Resistance)
If the price sustains momentum, the next resistance level at 4.5000 USDT is a key target. This level holds psychological significance and has previously been a point of interest for traders.
🎯 Target 3: 4.6000 USDT (Extended Bullish Move)
Beyond 4.5000, the next major resistance lies at 4.6000 USDT. A bullish breakout here could signal a strong upward move towards higher levels, offering solid potential for traders.
📉 Support Levels
In case of a pullback, keep an eye on the 4.2500 level as initial support. If this breaks, we may see further correction down to 4.1000.
💡 Conclusion
SUI is in an uptrend with favorable trading volumes. Watching the 4.3957 USDT level is crucial, as it will determine if the rally continues towards 4.5000 and potentially 4.6000 USDT. Keep an eye on market news and volume to confirm trends.
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