$SUI /USDT – STRONG BULLISH BREAKOUT
Market Analysis:
SUI has posted an impressive +11.12% surge, climbing to $4.0308 after touching a 24h high of $4.0680. The move comes on the back of high trading volumes, indicating strong market participation. The asset has maintained a series of higher lows since its $3.60 bottom, suggesting sustained buying interest and a healthy uptrend.
Market Insights:
24h High: $4.0680
24h Low: $3.6000
Trend: Bullish continuation
Support Levels: $3.92 – $3.70
Resistance Levels: $4.07 – $4.44
Trading Plan:
Long Entry: $4.00 – $4.03
Target 1: $4.07
Target 2: $4.44
Stop Loss: $3.92
If SUI holds above the $4.00 mark, it could see a push toward $4.44. A drop below $3.92, however, would signal weakening momentum and a possible retracement.