$SUI Technical Analysis: Bullish Momentum with Caution
Current Price: $2.7202
24h Change: +2.50%
24h High/Low: $2.7958 / $2.6273
Volume (24h): 50.25M SUI / $136.39M USDT
Key Levels:
Support: $2.7000 (Immediate Support), $2.6900 (Stronger Support)
Resistance: $2.7400 (Immediate Resistance), $2.7958 (Stronger Resistance)
Bullish Scenario:
Target 1: $2.7500
Target 2: $2.8000
Stop Loss: $2.6900
Bearish Scenario:
Target 1: $2.6900
Target 2: $2.6273
Stop Loss: $2.7400
The SUI/USDT pair is currently exhibiting bullish momentum, with a 2.50% increase in the last 24 hours. However, caution is advised due to the mixed performance over different time frames. Traders should closely monitor the support and resistance levels to make informed decisions.