⚡ $SUI I/USDT Consolidation Phase – A Big Move Brewing? ⚡

📊Chart Insight: SUI/USDT is consolidating after hitting the key psychological level of $5.00.

The price is forming lower highs but continues to respect the trendline support, signaling potential for a bullish reversal if support holds.

Key Levels to Watch:

Trendline Support: $4.20-$4.30

Resistance Levels: $4.50, $4.90, and $5.50

Trader’s Insight:

Bullish Case: Holding above the trendline support suggests buyers are defending the zone.

A breakout above $4.50 could initiate a run toward $4.90 and $5.50.

Bearish Risk: A break below $4.20 might lead to further downside,

potentially targeting $4.00 or lower.

Suggested Next Move:

Entry Strategy: Accumulate near the $4.30 support zone with tight stops below $4.20. Add more positions on a confirmed breakout above $4.50.

Stop-Loss: Place stops at $4.15 to limit downside risk.

Profit Targets: $4.50 (short-term), $4.90 (mid-term), $5.50 (extended target).

SUI is building momentum—watch for volume spikes at breakout levels. Patience is key in this consolidation phase!

#BIOOnBinance #BIOOpenonBinance #BinanceAlphaAlert #Binance250Million #USStateBuysBTC