$SUI /USDT is trading at $3.41
Currently, down 11.16%, with a 24-hour range of $3.22 - $3.88.
The strong pullback suggests profit-taking, but $3.30 - $3.35 is acting as support. A break above $3.50 could trigger a short-term recovery.
šŖSUI/USDT Trade Strategy:
Entry: Buy near $3.30 - $3.40 if support holds, or wait for a breakout above $3.50.
šÆTarget 1: $3.65 (short-term bounce, ~7% gain).
šÆTarget 2: $3.85 (bullish continuation, ~13% gain).
šÆExit: Take profits near $3.85 or use a trailing stop.
āStop Loss: Set at $3.20 to manage risk.
Risk/Reward: Favorable 2:1 setup.
Monitor volume for confirmation.