#MarketSentimentWatch
Quick analysis of the SUI/USDT pair
1. Current price: 3.5191 USDT, up +1.98%.
2. General trend: Strongly bullish, respecting the uptrend shown in blue.
3. Main supports and resistances:
Strong resistance at 3.7396: If broken, it may target 3.80 - 3.90.
Nearby support at 3.3558: If broken, we may see a correction towards 3.1706.
Stronger support at 2.9208 - 2.8701: It is considered a potential buying area in case of a strong decline.
Expectations:
Continuing the rise is conditional on breaking 3.7396 and holding above it.
In case of a decline, it is important to follow the support at 3.3558, as the price may rebound from it.
The uptrend is currently strong, which enhances the chances of continuing the rise.