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📊 Short-Term Analysis for $SUI /USDT 🔥
📈 Why a Long Trade?
1️⃣ Key Support at $2.00 - $2.04 🚀
🔹 SUI surged from $1.71 to above $2.07, showing strong bullish momentum.
🔹 The $2.00 zone now acts as fresh support, attracting buyers.
2️⃣ Breakout Watch Above $2.10 - $2.12 📊
🔹 Price is consolidating just below the $2.10 resistance.
🔹 A breakout above this level could trigger a rally toward $2.20+.
3️⃣ Huge Volume Surge Behind the Move 🚨
🔹 24H Volume: 163.07M SUI / $314.29M USDT – Strong bullish participation.
🔹 Sustained volume after the spike confirms accumulation interest.
4️⃣ Key Resistance at $2.10 - $2.15 🚧
🔹 If bulls clear $2.10 with momentum, expect a fast move toward $2.20 - $2.25.
🔹 Watch for breakout candles on the 1h and 4h chart.
📊 Short-Term Trade Setup
🔹 Long Entry: $2.04 - $2.07 (Buy on minor dip)
🎯 Targets: $2.10 / $2.15 / $2.20
🛑 Stop Loss: $1.98 (Below key support)
🔹 Breakout Entry: Above $2.12 with volume confirmation
🎯 Targets: $2.20 / $2.25
🛑 Stop Loss: $2.05 (to minimize breakout risk)
🔸 Breakout Confirmation:
✅ Break above $2.12 = bullish momentum toward $2.20+
❌ Drop below $1.98 = exit, possible short-term top
⚠️ Risk Management:
🔸 Keep SL below $2.00 to manage risk
🔸 Watch for volume + bullish structure continuation on 1h/4h
📈 Overall Bias: Bullish (as long as $2.00 support holds)