🚀 $SUI

/USDT Technical Analysis 🚀

The SUI/USDT pair has been showing promising price action, with the current price at $3.3325. After a strong 7.14% rally in the last 24 hours, it seems that this Layer 1 project is gaining momentum. Let’s break down the key levels and targets for the upcoming trading sessions:

🔑 Key Levels to Watch:

1. Support at $2.85

This level has been holding strong, providing a solid base for the recent upward movement. A potential retest could offer a buying opportunity.

2. Resistance at $3.44

The recent high of $3.44 is acting as a key resistance level. If the price breaks above this, we could see an extended rally towards higher levels.

3. Target 1 - $3.60 🎯

If the bulls manage to break through $3.44, the next resistance is at $3.60, which aligns with the upper trendline. A clean breakout could push the price higher.

4. Target 2 - $3.80 🎯

A further extension could bring us to $3.80, a level where we might see some profit-taking. Keep an eye on price action near this point.

5. Target 3 - $4.00 🎯

For the most bullish scenario, $4.00 is the ultimate target. A breakout above this level would signal a potential continuation of the uptrend.

Key Insights:

24h Volume: 571.27M USDT

Price Trend: Positive, with a potential for continued upward movement if it holds above the support.

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