$SUI / USDT – Strong Recovery Momentum Sets Stage for Next Move!
Current Price: 3.9240
24h Range: 3.6358 – 3.9600
Volume: Moderate with signs of stabilizing
Market Analysis
SUI is currently trading near the upper end of its 24-hour range after a solid rebound from the 3.63 support zone. Price action shows continued strength with a slight bullish bias. The 4-hour chart is forming higher lows, hinting at a potential breakout above 4.00 if momentum continues to build.
Entry Zone
Look for potential entries between 3.88 – 3.93, ideally confirmed by bullish signals on the 15-minute or 30-minute chart.
Targets
Target 1: 4.06
Target 2: 4.22
Target 3: 4.45 (conditional on BTC maintaining stability)
Stop Loss
Set just below 3.78, under the recent pivot level.
Key Levels
Support: 3.78 / 3.63
Resistance: 3.96 / 4.22
Breakout Trigger: 4.00+ with strong volume
Strategy Note
If SUI breaks above 4.00 with solid volume, consider using a trailing stop strategy above 4.06. Avoid chasing entries if short-term RSI is overbought and lacks consolidation.
