$SUI /USDT Trading Signal - Potential Reversal on Key Support

Entry Point: $4.55 - $4.58

Targets:

Target 1: $4.62

Target 2: $4.66

Stop Loss: $4.50

Market Highlights:

Current price is $4.5781, nearing the critical support at $4.5189.

Immediate resistance at $4.6409, with potential for a breakout toward higher levels.

24-hour high of $4.7989, indicating upside potential if momentum builds.

Key Levels to Watch:

Support: $4.5189 (recent low).

Resistance: $4.6409 and $4.66.

Analysis:

The price is consolidating near its support level of $4.5189, suggesting potential for a rebound. A breakout above $4.62 could drive momentum toward $4.66. Traders should monitor for increased volume to confirm upward movement.

Pro Tip: Consider securing partial profits at Target 1 and trailing stop loss to $4.56 to manage risks effectively.

#CryptoTrading #SUI #Binance

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