$SUI /USDT

📊 SUI/USDT Snapshot

Current Price: $3.4882

24h High: $3.5411

24h Low: $3.3094

Change (24h): +4.57%

Volume: 35.83M SUI / 122.96M USDT

Layer: L1 Blockchain (SUI is Layer 1)

🔍 Key Observations

Price is approaching 24h high: bullish momentum.

Volume is high, indicating strong interest.

Previous low at $3.3094 provides support.

Price nearing resistance zone around $3.54–$3.55.

⚙️ Trade Setup Idea (Short-Term: Intraday / 4H)

🟢 Bullish Scenario (Breakout)

Buy above: $3.55 (confirmed breakout of resistance)

Target 1: $3.70

Target 2: $3.85

Stop-loss: $3.48 (just under breakout point)

🔴 Bearish Scenario (Rejection at Resistance)

Sell below: $3.48 if price shows rejection at $3.54–$3.55

Target 1: $3.38

Target 2: $3.31

Stop-loss: $3.55

📐 Risk Management

Use a position size calculator.

Risk no more than 1–2% of capital per trade.

Watch for fakeouts near resistance.

Look for volume confirmation if price breaks $3.55.

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