🚨 $SUI ALERT: Consolidating After Volatility – Is a Breakout on the Horizon? 🚨
Sui ($SUI) is currently trading at $4.2336, with slight gains of +0.12%. After hitting a 24-hour high of $4.4900, the token is showing signs of recovery from a recent dip, positioning itself near critical levels. Here’s a breakdown of potential key moves and targets.
📊 Key Levels to Monitor
🔹 Resistance Zone: $4.3000
$SUI is approaching its first resistance at $4.3000, which will be crucial for a confirmed breakout.
🔹 Support Zone: $4.2000
The $4.2000 level serves as strong support. A break below this could trigger further downside.
📈 3 Key Targets for $SUI
1️⃣ First Target: $4.3500
A successful breakout above $4.3000 could lead SUI to $4.3500, marking its first significant resistance.
2️⃣ Second Target: $4.4500
Sustained momentum may push SUI to $4.4500, retesting its recent high for bullish confirmation.
3️⃣ Third Target: $4.6000
In a highly bullish scenario, SUI could aim for $4.6000, establishing a new key resistance level for mid-term gains.
⚠️ Market Insight
With a 24-hour trading volume of $162.34M, $SUI is seeing steady interest. Traders should closely monitor the price action near $4.3000 for a potential breakout or a pullback to $4.2000.
💬 What’s your strategy for $SUI? Will it hit $4.6000 or retrace further? Share your thoughts below!
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