💥$SUI /USDT Explosive 22.77% Growth Today!🔥
🌟Current Price: 3.6685 USDT (+22.77%)
🌟24-Hour High: 3.7397 USDT (Significant resistance level).
🌟24-Hour Low: 2.9481 USDT (Critical support area).
Volume (24H):
🌟SUI: 182.77M
🌟USDT: 606.29M
⚡SUI has shown a remarkable price surge, nearing its 24-hour high. The bullish trend, coupled with significant trading volume, indicates strong momentum.
⚡Key Technical Indicators 🧩
1. RSI: Likely approaching overbought territory, signaling caution for further upside.
2. MACD: Displays strong bullish momentum, with widening histogram bars.
3. Bollinger Bands: Widening significantly, indicating heightened volatility.
⚡Trading Setup 📝
🎖️Bullish Scenario
Type: Breakout Continuation
👉Entry Point: Above 3.6700 USDT (confirmed breakout with increasing volume).
👇Take-Profit Targets:
🎯TP1 (1:1): 3.7000 USDT
🎯TP2 (1:2): 3.7400 USDT
💢Stop Loss: Below 3.6500 USDT
🎖️Bearish Scenario
Type: Pullback Trade
👉Entry Point: Below 3.6500 USDT (confirmed rejection at resistance).
👇Take-Profit Targets:
🎯TP1 (1:1): 3.6000 USDT
🎯TP2 (1:2): 3.5500 USDT
💢Stop Loss: Above 3.6700 USDT
⚡Risk Management Strategy ⚠️
For Bullish Setup, adjust Stop Loss to Breakeven upon achieving TP1 (3.7000 USDT), and secure profits by booking 50% of trade quantity while holding for extended targets.
Similarly, for Bearish Setup, lock in gains after reaching TP1 (3.6000 USDT) by moving Stop Loss to Entry.
⚡Key Takeaways ✍️
1. Volume Confirmation: Ensure any breakout or pullback moves are validated by increased trading activity to avoid false signals.
2. Monitor the 3.7397 USDT resistance zone—its breach could trigger new highs for SUI.
3. Stay disciplined with your risk management strategies; volatility is high after such a sharp rally.
Disclaimer: #DYOR*
Buy Or Trade With Me On $SUI
