$SUI/USDT Trading Signal - Range-Bound Opportunity?
Entry Zone: $4.00 - $4.10 (Conservative Entry)
Targets:
Target 1: $4.25
Target 2: $4.45
Target 3: $4.60
Stop Loss: Below $3.90 (Risk Control)
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Market Insight: $SUI is trading at $4.10, reflecting a slight +0.25% gain. The chart shows price consolidating near the lower end of its range, with moving averages acting as key dynamic resistance at $4.15 (MA25) and $4.40 (MA99). A breakout above $4.20 could spark renewed buying interest, pushing towards the $4.45-$4.60 range.
Strategy: Look for increased volume and a bullish candlestick pattern near $4.00 to confirm entry. If the price rejects $4.20, anticipate further consolidation within the range.
Pro Tip: Partial profit-taking at each target is essential while securing stop-loss to breakeven to protect gains. Watch closely for potential breakout levels.
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