SUI/USDT Chart Analysis: Key Levels and Trend Overview
1. Resistance Levels:
$4.59: Significant resistance (MA99).
$4.66: Key resistance aligning with MA25.
2. Support Levels:
$4.21: Strong support from recent low.
$4.25: Minor support level.
3. Target Prices:
Upside Targets (Bullish Breakout):
First: $4.66
Second: $4.85-$5.00
Downside Targets (Bearish Breakdown):
First: $4.10-$4.15
Second: $4.00
4. Trend Analysis:
Current Trend: Bearish (price below MA25 and MA99).
Bullish Potential: Possible reversal if support at $4.21-$4.25 holds and price breaks $4.66 with volume.
Conclusion: Bearish momentum dominates, but monitor key levels for a potential bullish reversal.
