$SUI ALERT ⚡️ Bulls Soaring - Big Move incoming ⚡️
$SUI is currently trading at $4.7144, demonstrating strong bullish momentum with an 8.50% gain in the past 24 hours. The chart shows a decisive breakout above the $4.4798 resistance level, backed by increasing trading volume.
Key Levels to Watch:
* Resistance: $4.7662 - A successful breakout here could propel the price towards new highs.
* Support: $4.4798 - Holding above this level is crucial for maintaining bullish momentum.
Trade Setup:
* Long Entry: Above $4.7148
* Targets:
* * $4.8500
* * $5.0000
* Stop-loss: Below $4.4790
* Short Entry: Below $4.4798
* Targets:
* * $4.3000
* * $4.1500
* Stop-loss: Above $4.5000
Insights:
* RSI: At 82.08, the RSI indicates overbought conditions. Expect potential consolidation or a short-term pullback before the next significant move.
* Volume: Increasing volume confirms bullish momentum, but sustained interest is crucial to maintain the uptrend.
