$SUI #NextSolana ❤️❤️👍🏼💯

Binance Technical Analysis: SUI/USDT

🔍 Market Overview

The SUI/USDT pair is currently trading at $5.1650, showing a positive trend with a 2.45% increase in the last 24 hours. With a 24h high of $5.3598 and a low of $5.0088, SUI has shown a significant level of volatility, making it an interesting pair for short-term traders.

📊 Technical Indicators

Support Level: Around $5.00 (24h low)

Resistance Level: $5.36 (24h high)

Volume: SUI 95.93M, USDT 498.04M

Moving Averages:

5-period MA: 781,939.3

10-period MA: 949,273.8

🎯 Target Levels

1. Target 1 - $5.30: SUI is currently approaching a key resistance at $5.36. If the price breaks through this level, the next target will be around $5.30.

2. Target 2 - $5.50: A breakthrough past $5.36 could lead to a strong bullish momentum, with $5.50 being the next significant resistance.

3. Target 3 - $5.75: If the upward momentum continues, $5.75 becomes the next major target for SUI/USDT.

💡 Trading Strategy

Consider entering near the support levels with stops just below $5.00, targeting $5.30 and $5.50 for short-term gains. Traders should monitor market sentiment and volume closely to adjust positions accordingly.

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