SUI/USDT Chart Analysis: $SUI
#SUI is trading at $0.46, a remarkable 4.6x increase from its ICO price of $0.10.
Its ATH was $1.60
Attractive Entry Zone:
Despite the recent 4x bounce, SUI remains 70% below its ATH
making the $0.45-$0.40 range an enticing entry point.
Initial Upside Targets:
Based on technical analysis and previous resistance levels, potential targets include $0.62, $0.97, and $1.42.
Preparing for the Next Bull Run:
If SUI can replicate or surpass its previous bull market performance, a rally to its ATH of $1.60 is plausible. There's even potential for SUI to reach $5 in the next sustained crypto bull run.
Managing Risk:
While SUI shows promise, prudent risk management is paramount. Avoid overcommitting to a single asset. Maintain modest position sizes and diversify across various opportunities
