šŸš€$SUI SUI/USDT Trading Update: Consolidation in Action!

šŸ“‰ Current Price: $4.1548 (-1.00%)

šŸ’” 24H High: $4.2800

šŸ’” 24H Low: $4.0527

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šŸ” Market Analysis:

SUI has been testing its recent highs but is currently consolidating near the $4.15 level. Buyers have defended the $4.05 support zone, indicating potential for an upward breakout if momentum increases.

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šŸ› ļø Key Levels to Watch:

šŸ”µ Support: $4.05 ā€“ A hold above this level can sustain bullish sentiment.

šŸ”“ Resistance: $4.28 ā€“ A breakout could trigger a run toward $4.30 or higher.

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šŸ’” Trading Tips:

šŸ“Š Entry: Look for entries around $4.10 - $4.15 for a safer risk-reward ratio.

šŸ“ˆ Targets: $4.20 and $4.30 in case of a breakout.

āš ļø Stop Loss: Place stops below $4.05 to minimize risks.

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šŸ”„ SUI Potential:

As SUI consolidates near resistance, traders should stay alert for a breakout scenario. With strong volume, a push above $4.28 could be on the cards!

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