š $SUI /USDT Technical Analysis | Current Price: $4.7180 š
$SUI has shown solid gains, rising +6.24% in the last 24 hours, with strong momentum testing recent highs. Price action suggests consolidation with bullish potential if key resistances are breached.
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Key Observations š
24h High: $4.9600 ā A key resistance level SUI must surpass for further upside.
24h Low: $4.4294 ā Immediate support to hold for bullish continuation.
Trend: SUI has gained +13.71% in the past 7 days and is maintaining strong uptrend momentum.
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Targets to Watch šÆ
1ļøā£ Target 1: $4.8000
A push toward $4.80 will signal short-term strength and recovery. Watch for buying volume confirmation.
2ļøā£ Target 2: $4.9600
The 24h high at $4.96 is the next major resistance. Breaking this level could attract strong buying interest.
3ļøā£ Target 3: $5.1000
If SUI breaches $4.96, the next psychological target is $5.10, marking fresh highs and bullish continuation.
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Technical Outlook š
Short-Term Bias: Bullish while SUI holds above $4.65.
Support Levels: Immediate support lies at $4.65; losing this could lead to a test of $4.50.
Breakout Signal: A decisive move above $4.80 and strong volume near $4.96 will confirm upward momentum.
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Conclusion š”
SUI/USDT is in a bullish setup with upside targets at $4.80, $4.96, and $5.10. Traders should monitor support and volume for confirmation of a breakout or consolidation.
š Will SUI break $5 and continue its upward climb? Watch the key levels closely!
