$SUI /USDT Technical Analysis – Next Moves on the Radar!

SUI, a prominent Layer 1 blockchain, is currently under the spotlight. With the price consolidating near $4.36, traders are actively monitoring its next move. Here's what you need to know:

Key Levels to Watch

1️⃣ Target 1: $4.50

Immediate resistance lies at $4.50. If the price breaks this level, expect bullish momentum.

A breakout could signal a short-term trend reversal.

2️⃣ Target 2: $4.70

This level aligns with the previous highs.

A strong push beyond $4.70 would confirm bullish dominance and indicate potential for a new uptrend.

3️⃣ Target 3: $4.20 (Support)

If bearish pressure persists, the $4.20 level is the critical support.

A drop below this could trigger further downside movement to $4.00.

Current Stats:

24H High/Low: $4.59 / $4.16

24H Volume: 111.49M SUI (~491M USDT)

Daily Change: -4.23%

Strategy:

Break above $4.50: Consider long positions targeting $4.70.

Hold near $4.20: Ideal for accumulation with a tight stop-loss.

Watch volume and depth for confirmation before entering trades.

Stay vigilant and trade wisely—SUI is building momentum, and the next big move could be around the corner!

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