$SUI /USDT Technical Analysis & Targets
Current Price Action: $SUI /USDT is trading at $4.6753, showcasing a strong 14.48% gain today. The pair has been steadily climbing, fueled by robust bullish momentum, breaking through key levels.
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Key Levels:
1. Target 1: $4.7500
Immediate resistance lies at $4.7500. A breakout above this level will signal continued upward momentum in the short term.
2. Target 2: $5.0000
The next target is $5.0000, a major psychological resistance level and a significant area for potential profit-taking.
3. Target 3: $5.2500
If buying pressure sustains, SUI can rally further toward $5.2500, marking the next significant milestone and key resistance zone.
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Trading Strategy:
Entry Zone: Look to enter between $4.6000 and $4.6750 during retracements.
Take Profit Levels:
30% at $4.7500
50% at $5.0000
Final 20% at $5.2500
Stop-Loss: Place below $4.5000 to mitigate risks.
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Outlook:
SUI/USDT has recorded 33.05% growth over 30 days and an incredible 214.61% over 90 days, reflecting sustained investor interest. With today's 4.31% intraday gain, SUI remains well-positioned for continued growth, provided it maintains current momentum.