🚀 $SUI
/USDT Technical Analysis 🚀
📈 Current Price: 3.3616 USDT
🔝 24h High: 3.4593 USDT
🔻 24h Low: 2.9722 USDT
The market for SUI/USDT shows a healthy consolidation, making it a perfect time to focus on key targets.
Technical Targets for SUI/USDT:
🎯 Target 1: $3.46
We’re currently close to the 24-hour high at 3.4593, which acts as the first resistance point. If the price holds above $3.36, we could see a bullish push towards this level. A break and close above this price could signal a further uptrend.
🎯 Target 2: $3.60
If the bullish momentum continues, the next key resistance lies at $3.60. This level aligns with a Fibonacci extension and could act as a strong barrier for upward movement. Watch for any breakouts around this price for confirmation.
🎯 Target 3: $3.80
A breakout past $3.60 could pave the way for further upside potential. With strong buying momentum, we could see a price surge towards $3.80. This is a significant level and could attract more buying interest if the market continues its bullish trajectory.
🔍 Key Support Levels:
Support: $3.00
Strong Support: $2.97
📊 Technical Indicators: The price is holding steady near the moving averages, indicating strong consolidation. RSI is showing a neutral trend, suggesting there’s room for price movement in either direction.
📉 Volume Insight: The 24-hour volume of 410.70M USDT indicates healthy market activity, which supports continued price action towards our targets.
Keep an eye on these levels, and always remember to trade safely! 📉🔍
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