$SUI Alert 🚹 – Ready to Go Higher?

Current Price: $1.8515

The SUI token is showing promising signs on the Binance exchange, currently trading at $1.8515, reflecting a significant 4.36% gain in the last 4-hour trading session. After a bullish trading day, SUI has gained 6.81%, with the price fluctuating between $1.7012 and $1.8796. This momentum shows growing investor interest and a strong presence in the market.

📈 Key Analysis:

Resistance: Immediate resistance lies around the recent high of $1.8796. A breakout above this level could pave the way for further gains towards $1.90.

Support: Key support lies at $1.7012. Holding above this level is crucial for the bullish sentiment to continue.

🚀 Trading Suggestions:

Long Trade: Enter a position above $1.8796, targeting $1.90 and $1.92, with a stop loss just below the support at $1.70.

Short Trade Scenario: If SUI drops below $1.7012, consider short positions with targets at $1.68 and $1.65, with a stop loss at $1.72.

Market Sentiment: Market volume shows positive trading, suggesting the current trend could continue given the right market conditions.

Stay tuned for more updates and always remember to trade wisely!