🚨$SUI SUI/USDT: Reversal in Play – Key Levels to Watch 📊
Current Price: $4.4601 (-4.15%)
24h High: $4.6671
24h Low: $4.3502
24h Volume: SUI: 47.23M | USDT: 211.58M
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Market Overview
1️⃣ Trend Shift: After touching a low of $4.3514, SUI has bounced back with a strong green candle, signaling early signs of a recovery.
2️⃣ Volume Alert: High trading volume suggests buyers are stepping in to push prices back above key resistance levels.
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Key Levels
🔵 Immediate Resistance: $4.5065 – A breakout above this level could push SUI towards $4.60.
🔴 Support Zone: $4.3502 – Watch this level for price stability in case of retracement.
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Technical Indicators
MACD: Bullish crossover may emerge if upward momentum continues.
Volume Spike: Indicates fresh buying pressure as SUI recovers from the session low.
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Trade Strategy
✅ Bullish Breakout: Watch for a move above $4.5065 for potential upside towards $4.60 and higher.
❗ Risk Management: Place stop-loss near $4.3500 to limit downside exposure.