#SUI

SUI/USDT Technical Analysis:

Today, SUI has a strong momentum and continues to rise. The current price has reached $1.9337, an increase of 9.47%. The sharp rise in the 24-hour high has sent a bullish signal to traders looking for an entry opportunity. Next, let's take a look at the next target price:

🎯 Target 1: $1.9532 - When the price approaches this price, if the buying pressure continues, it may usher in a breakthrough. This is the first resistance level that needs to be focused on.

🎯 Target 2: $1.9634 - If the price can push to this target, it means that the bulls are in full control of the situation. At this time, you have to keep an eye on the trading volume. If the trading volume surges, the price may reach this position soon.

🎯 Target 3: $1.9800 - If the price is expected to charge towards this range, it means that SUI may have entered the overbought range. Traders should consider taking profits or adjusting positions near this price.

Support level:

If the trend reverses, the 24-hour low of $1.7500 and the 99-day moving average of $1.8445 will serve as important support areas.

Everyone should always pay attention to market dynamics and remember to do a good job of risk management in operations! 🔍📊

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