๐ถ $SUI/USDT โ Binance Market Insight
๐ Price Action Overview
$SUI is up +15.08%, signaling strong bullish momentum. The pair is currently challenging the psychological and technical resistance around $4.00, with confirmation from a rising MACD and Parabolic SARโboth supporting a potential continuation of the uptrend. Volume remains elevated, reinforcing the strength behind the move. Caution is warranted near resistance, where short-term profit-taking may occur.
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๐ฉ Entry Zone (Buy-the-Dip Strategy)
$3.83 โ $3.95
(Ideal retracement zone post-surge, offering a better risk/reward setup)
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๐ฏ Target Levels (Upside Projections)
Target 1: $4.12 โ Minor breakout extension
Target 2: $4.32 โ If bullish volume persists
Target 3: $4.55 โ Possible extended rally if BTC remains stable
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๐ Stop-Loss Suggestion
$3.72
(Below the recent SAR and local support to limit downside risk)
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๐ Key Technical Levels
Support: $3.74 / $3.60 / $3.45
Resistance: $3.99 / $4.12 / $4.32
Parabolic SAR: $3.8062
MACD: Bullish
MACD Line: 0.0218
DIF: 0.1323 > DEA: 0.1105
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๐ก Pro Tip
Should $SUI reclaim and hold above $4.00 on strong 4H volume, consider a breakout continuation entry with tight trailing stops. Avoid FOMO entriesโwait for a healthy pullback into the $3.83โ$3.95 range to maintain optimal R:R.
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๐ Posted for Binance Traders
๐ Stay updated: #BTC120kVs125kToday
