$SUI tareding signals
USDT AT CRITICAL LEVELS ā MAJOR BREAKOUT OR BREAKDOWN AHEAD! šØ
The $SUI /USDT chart on the 4-hour frame shows a clear descending channel, with price currently testing the mid-level resistance at $1.7935 USDT. After hitting a recent low of $1.64 USDT, SUI seems to be gathering momentum, potentially signaling a key reversal if it can break through this resistance.
š” CRUCIAL LEVELS TO WATCH:
ā¢ Resistance Zone: $1.94 USDT ā A breakout above this level could spark a strong bullish move, with potential to rally toward $2.20 USDT in the short term.
ā¢ Support Zone: $1.64 USDT ā This is the last support before further decline; a breakdown below here might lead to an extended drop toward $1.50 USDT.
š Long Entry Strategy:
Enter above $1.80 USDT with a target at $1.94 USDT, and a higher target at $2.20 USDT if bullish momentum holds. Stop Loss at $1.72 USDT to minimize risk.
š Short Entry Strategy:
Consider entry if price rejects the $1.94 USDT level, targeting $1.70 USDT, with a lower target at $1.64 USDT. Stop Loss above $1.95 USDT to avoid false breakdowns.
ā ļø Quick Tip: Wait for strong confirmation around these levels to avoid false breakouts or breakdowns. Keep an eye on volume spikes for reliable entry signals!
{spot}(SUIUSDT)#TetherUnderInvestigation #USJoblessClaimsDip #BTC67KRebound #CryptoPreUSElection #ETHBTCNewLow
