$SUI ALERT Surge in Progress Big Move Underway
$SUI is currently trading at $4.7148, showcasing strong bullish momentum with an 8.57% gain in the past 24 hours. The chart highlights a breakout above the $4.4798 resistance, supported by increasing volume.
Key Levels to Watch:
Resistance: $4.7662 – A breakout here could propel the price toward new highs.
Support: $4.4798 – Holding above this level is essential to maintain bullish momentum.
Trade Setup:
Long Entry: Above $4.7148
Targets:
1. $4.8500
2. $5.0000
Stop-loss: Below $4.4790
Short Entry: Below $4.4798
Targets:
1. $4.3000
2. $4.1500
Stop-loss: Above $4.5000
Insights:
RSI: At 82.08, indicating overbought conditions. Expect potential consolidation or a pullback before the next significant move.
Volume: Increasing volume confirms bullish momentum but watch for sustained interest.
Keep an eye on these critical levels and manage trades with tight stop-losses to mitigate risk.