$SUI /USDT Market Analysis: Key Levels and Next MovešŸ”„šŸ’Æ

The $SUI /USDT 30-min chart shows the price consolidating between two significant zones: resistance around $4.30-$4.37 and support at $4.10-$4.15. This structure highlights a sideways market with potential breakout opportunities.

Key Insights:

1. Short Trade Setup: If the price rejects resistance at $4.30, consider short positions with targets near $4.15 and a stop-loss above $4.37.

2. Long Trade Setup: A bounce from the support zone at $4.10-$4.15 offers a good entry for long trades, aiming for $4.30-$4.37, with a stop-loss below $4.05.

Next Market Move:

The price is poised to break out of this consolidation. If volume increases and the price breaches $4.37, we could see an extended rally toward $4.50 or higher. Conversely, a breakdown below $4.10 might push the price toward $4.00.

Patience is key in this range-bound environment. Monitor the volume and candlestick patterns for confirmation before entering trades.

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