$SUI

/USDT Showing Correction Momentum Update Alert 💯 💥

Current Price: 4.1173 USDT

24h Change: +0.49%

Market Insight:

SUI has shown modest price action with a small 0.49% gain, currently trading near the 24h high of 4.3748 and low of 3.9460. With a strong 60.83M SUI volume and 251.71M USDT traded, there is moderate bullish interest. The price is consolidating near key levels, and a breakout could trigger further upside.

Entry Point:

🔹 4.1000 - 4.1200 USDT

Look for an entry near the 4.1000 range, as it is close to the support level and could offer a good entry point for a breakout.

Targets:

🎯 Target 1: 4.3000 - 4.3500 USDT

A reasonable first target is the 4.3000 area, where the price could face resistance. The previous high of 4.3748 may also be a potential obstacle.

🎯 Target 2: 4.4000 - 4.5000 USDT

If the price breaks above 4.3500, target a further rally toward 4.4000 and beyond.

Exit Plan:

🚪 Exit 1: 4.3000 - 4.3500 USDT

Take partial profits around 4.3000, where the price might face resistance. This ensures a safer exit if the trend reverses.

🚪 Exit 2: 4.4000 - 4.5000 USDT

For a more aggressive exit, trail your stop as the price approaches 4.4000 and 4.5000 levels.

Stop-Loss:

⚠️ 4.0000 - 4.0500 USDT

Set a stop-loss below 4.0000 to limit losses in case the price reverses sharply.

📊 Risk/Reward:

Aim for a 2:1 risk/reward ratio, ensuring a favorable upside while keeping risk in check.

Keep an eye on price action and adjust your strategy as the market moves! 📈🚀

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