📊 $SUI #CHANCE 💯💯💯
Technical Analysis for SUI/USDT on Binance – 3 Targets 🎯
SUI is showing strong bullish momentum today, trading at 5.1438 USDT, with a +9.98% gain. Let’s analyze its movement and set realistic targets based on technical levels:
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Key Observations
1️⃣ 24h Range:
High: 5.3076 USDT
Low: 4.6661 USDT
2️⃣ Volume Surge:
24h Trading Volume: 515.07M USDT
Increased interest signals a strong trend continuation.
3️⃣ Indicators:
EMA shows consistent upward movement, indicating strong buying pressure.
MACD is in the bullish zone, with no signs of reversal.
Bollinger Bands reveal SUI is testing the upper range, hinting at potential breakouts.
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🎯 Targets for SUI/USDT
Target 1: 5.25 USDT (Short-term)
Strong resistance near this level, but a break above it could confirm bullish dominance.
Target 2: 5.50 USDT (Medium-term)
Psychological level with historical resistance; buyers may push it here in case of sustained momentum.
Target 3: 6.00 USDT (Long-term)
A key milestone and Fibonacci extension level if SUI maintains its current growth trajectory.
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Support Levels
Immediate Support: 4.90 USDT
Strong Support: 4.66 USDT (24h Low)
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Conclusion
SUI is showing bullish potential, backed by high volume and favorable technical indicators. Monitor the 5.25 USDT resistance
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