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$SUI /USDT Showing strong position..
Today, we're talking about a coin that's showing strong bullish momentum! đ
Crypto Tip of the Day:đ§§
According to market analysis, $SUI is holding firm around the $3.00 mark. Bulls are targeting $4.00, but if the market turns, we could see support around $2.50.
đ $SUI / USDT â Trade Setup
â˘Current Price: $3.0153
â˘Todayâs High: $3.0786
â˘Support Level: $2.50
â˘Resistance Level: $3.50
đŁTrade Setup:
Long Entry (Buy):
â˘Entry Price: $3.002 (Current Price)
â˘Target: $3.20 to $3.50 (Resistance Zone)
â˘Stop Loss: $2.50 (Support Level)
đŁShort Entry (Sell):
â˘Entry Price: If price breaks below $4.00
â˘Target: $3.70 to $3.50
â˘Stop Loss: $4.20
What to Watch:
Bulls: If the price stays above $4.00, there is potential for price to reach the $5.00 target.
Bears: If $4.00 breaks, there could be a pullback towards $3.50.
đ§§Conclusion:
The price is currently testing strong support at $4.00. A break above $4.50 would confirm the bullish momentum, while a drop below $4.00 could indicate a downtrend towards the next support.
Pro Tip: đ
If you want to improve your trading skills, focus on risk management. Setting stop-loss and take-profit levels can help you control your trades.
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