🚀 $SUI /USDT – Support Test or Next Breakout? 🚀
Current Price: $3.8036 (−3.46%)
24h High: $4.0000
24h Low: $3.7804
24h Volume: 191.34M USDT
Trend: Short-term bearish pullback after rejection near the $4.00 resistance zone.
Support Zone: $3.74–$3.78 — price is currently testing this zone. If it holds, we could see a bounce.
Resistance Zone: $3.88–$4.00 — a breakout above $4.00 could open the way to $4.03 and $4.10.
Volume: High 24h volume indicates strong market participation despite the price dip — potential accumulation phase.
Bias: Neutral-to-Bullish on support hold.
Long Entry: $3.78–$3.80 (support zone confirmation)
Targets: TP1: $3.88 | TP2: $4.00 | TP3: $4.03+
Stop Loss: $3.74
Short Entry: On rejection at $3.88–$4.00
Targets: TP1: $3.80 | TP2: $3.74
Stop Loss: $4.03
Wait for confirmation before entering — avoid chasing price during volatile dips. Position sizing: risk ≤ 2% of your trading capital. Monitor BTC & market sentiment, as Layer 1 coins often move with broader market trends.