**🚀 $SUI /USDT Hits $3.47 But Faces Rejection!**
SUI just tested **$3.47**, showing strong momentum, but the price was rejected at this level. Here’s a quick breakdown:
- **Current Price**: $3.4080 (+5.71%)
- **Key Resistance**: $3.47 (rejection zone)
- **Bollinger Bands**: Upper band at **3.4666**, suggesting potential overbought conditions.
- **Volume**: 1.1M SUI traded, with MA(5) indicating recent activity.
- **STOCHRSI**: At 14.0570, still room for movement but watch for divergence.
**What’s Next?**
If SUI holds above **$3.40**, a retest of $3.47 is likely. A break above could target **$3.50+**. However, failure to hold may see a pullback to **$3.36** (lower Bollinger Band).
**Trade Setup:**
- **Longs**: Wait for confirmation above $3.47 with volume.
- **Shorts**: Consider if rejection holds and price drops below $3.40.
Keep an eye on **MACD/RSI** for divergence signals!
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