$SUI
To determine the trading signal for SUI/USDT, let's analyze the current market situation.
*Current Price:* $3.77 (with a 1.86% increase in the past 24 hours)
*Entry Points:*
- *Buy Zone:* Consider buying around $3.70, which is a key support zone. A bounce from this area has historically delivered solid profits.
- *Alternative Entry:* Buy above $3.85, with potential targets at $4.35 and $4.80.
*Stop Loss:*
- *Stop Loss Level:* Set a stop loss below $3.55-$3.65 to limit potential losses.
*Target Prices:*
- *Short-term Targets:*
- *Target 1:* $4.35 (immediate upside target)
- *Target 2:* $4.80 (next resistance level)
- *Long-term Targets:*
- *Target 3:* $5.00 (potential target based on historical price action)
*Market Sentiment:*
SUI/USDT is showing strong momentum, with a potential breakout above the current resistance level. The market structure suggests a strong upside potential, with increasing buying interest and accumulation. Some analysts predict a potential move toward $4.35-$4.80 in the short term.¹