$SUI/USDT Analysis Update š
Current Price: $4.4628
š 24h High: $4.7630
š» 24h Low: $4.0779
Market Overview:
$SUI/USDT is consolidating near a key support zone, indicating a potential turning point. Here's a breakdown of the critical levels to monitor for upcoming moves:
Key Levels:
1. Target 1: $4.77 (Resistance Zone)
The price is testing the 24-hour high of $4.7630. If bullish momentum picks up, a breakout above $4.77 could lead to further upside potential.
2. Target 2: $4.14 (SAR Level)
The Parabolic SAR (0.02, 0.2) indicates a support level near $4.1436. This is a critical zone for bulls to defend and maintain the upward trend.
3. Target 3: $4.08 (Immediate Support)
If selling pressure intensifies, immediate support lies around $4.08. A strong defense here could trigger a reversal towards higher targets.
Technical Indicators:
24h Volume: 480.77M USDT
SAR Indicator: Suggests a possible dip to $4.14 before a rebound.
Strategy:
Watch for price action near these levels:
A breakout above $4.77 signals bullish momentum.
A rejection at $4.08 could lead to further consolidation.
Stay tuned for updates and detailed daily analyses! š