📊 $SUI

/USDT Technical Analysis: A Closer Look at the Charts 📉

The SUI/USDT pair has been experiencing some interesting movements over the last 24 hours, showing a current price of $3.5716, down by 5.30%. Let’s break down the key levels and look at some targets to watch closely.

🔍 Key Support & Resistance Levels

24h High: $3.8443

24h Low: $3.4229

Current Price: $3.5716

Looking at the chart, we can expect some important levels to determine the next move. Here are 3 key targets for SUI/USDT:

🎯 Target 1: $3.75

This level is an immediate resistance zone. A breakout above this could indicate a potential continuation to higher levels.

🎯 Target 2: $3.90

If bullish momentum persists, expect the price to test the $3.90 mark. This is a strong resistance level from where further price action can determine the next phase of movement.

🎯 Target 3: $4.00

The next major resistance level lies at $4.00. A break above this will signal a robust upward trend for the SUI/USDT pair, potentially extending the rally.

🚨 Watch Out for Potential Support

Support Level: $3.42

If the price dips, this level could act as a solid support zone, providing buying opportunities.

🔮 Next Steps:

Bullish Scenario: If we see a break above $3.75, look for a continuation toward $3.90 and then $4.00.

Bearish Scenario: A drop below $3.42 could bring the price to test lower levels, possibly signaling further correction.

🚀 Conclusion:

SUI/USDT has shown volatility, and these levels could guide your next trade. Keep an eye on the resistance and support zones for clear signs of the market's direction. As always, manage your risk carefully and trade smart!

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