$SUI

SUI/USDT Technical Analysis: Key Levels to Watch

The SUI/USDT pair is currently trading at $3.6849, with the market at a critical juncture. Here's what you need to know:

💡 Support & Resistance Levels:

Support Zone: $3.600 - A strong level where price has previously bounced, indicating potential buying interest.

Resistance Zone: $3.800 - A key level that has held the price back, marking the upper limit of the recent range.

📈 Market Outlook:

The price is showing signs of range-bound movement between $3.600 and $3.800, suggesting consolidation. A breakout above $3.800 could open up new upside potential, while a drop below $3.600 might signal a deeper correction.

📊 Trading Strategy:

For Bulls: A breakout above $3.800 with strong volume could signal a continuation to $4.000 or higher.

For Bears: A failure to hold above $3.600 might lead to short positions targeting $3.400.

For Range Traders: Enter near support at $3.600 and exit near resistance at $3.800 for short-term gains.

SUI is in a crucial range—monitor these levels closely for your next move. Risk management is essential, as the market could break out or pull back in either direction.

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