๐$SUI SUI/USDT Trading Update: Consolidation in Action!
๐ Current Price: $4.1548 (-1.00%)
๐ก 24H High: $4.2800
๐ก 24H Low: $4.0527
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๐ Market Analysis:
SUI has been testing its recent highs but is currently consolidating near the $4.15 level. Buyers have defended the $4.05 support zone, indicating potential for an upward breakout if momentum increases.
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๐ ๏ธ Key Levels to Watch:
๐ต Support: $4.05 โ A hold above this level can sustain bullish sentiment.
๐ด Resistance: $4.28 โ A breakout could trigger a run toward $4.30 or higher.
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๐ก Trading Tips:
๐ Entry: Look for entries around $4.10 - $4.15 for a safer risk-reward ratio.
๐ Targets: $4.20 and $4.30 in case of a breakout.
โ ๏ธ Stop Loss: Place stops below $4.05 to minimize risks.
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๐ฅ SUI Potential:
As SUI consolidates near resistance, traders should stay alert for a breakout scenario. With strong volume, a push above $4.28 could be on the cards!
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