$SUI 🚀 💪 🔥 PUMP IN CONTINUATION 💪
🔍 SUI/USDT Market Snapshot
Current Price: $3.0358
24H Volume: $8.252 billion
Type: L1 blockchain token (high beta altcoin)
Timeframe: 1H–4H for short-term strategy
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📊 Technical Analysis & Chart Overview
📈 Chart Pattern
Bullish Pennant Formation: Following a breakout rally, SUI is consolidating between $2.90–$3.15 forming a pennant, typically a continuation pattern.
Breakout potential above $3.15 if BTC remains stable or bullish.
🔧 Key Technical Levels
Type Level
Support 1 $2.90
Support 2 $2.75
Resistance 1 $3.15
Resistance 2 $3.38
🔎 Indicators (4H Chart)
RSI: ~61 – Bullish but not overbought
MACD: Showing signs of a bullish crossover
EMA 20/50: Price trading above both → confirms bullish bias
Volume: Very strong – indicates whales or institutions might be active
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⚙️ Short-Term Trading Strategy (1–3 Days)
✅ Strategy 1: Pennant Breakout Trade
Entry: After 1H candle close above $3.15
TP1: $3.38
TP2: $3.55
SL: Below $2.90
RR: ~1.8:1 — Good reward/risk ratio
🟡 Strategy 2: Pullback Entry
Buy Zone: $2.88–$2.93 (EMA + Fib 0.5 zone)
TP1: $3.15
SL: $2.74
Risk: Moderate (needs BTC to remain stable)
⚠️ Disclaimer
> The above is not financial advice. It is for educational purposes only. Cryptocurrency markets are highly volatile. Use stop-loss orders, proper position sizing, and risk management strategies at all times. Always DYOR (Do Your Own Research) before investing.
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🧠 Final Thoughts
SUI is currently a high-momentum asset with a strong narrative and large capital inflow. A confirmed breakout above $3.15 could lead to a sharp move up. For now, bulls have the upper hand, but monitor BTC closely for directional cues.