$SUI /USDT – Bullish Continuation in Play
Technical Analysis:
$SUI/USDT is showing signs of bullish momentum after bouncing off the $1.388 support level. The price is currently at $1.4176, up 0.90%, and is approaching resistance near $1.440 – $1.460. Trading volume is strong at 24.87M SUI, confirming active buying interest. If the bulls maintain control, a move toward $1.480 – $1.500 is possible.
Trade Setup:
Entry Range: $1.415 – $1.420
Target 1: $1.440
Target 2: $1.460
Target 3: $1.480
Stop Loss (SL): $1.395
Short-Term Outlook:
$SUI may face minor consolidation near $1.440, but as long as it holds above $1.415, the bullish trend remains intact.
Short Outlook of Market:
A drop below $1.395 could signal a short-term bearish correction, with supports at $1.380 and $1.360.
