$SUI ๐๏ธ๐ SUI/USDT โ Layer-1 Powerhouse Testing Key Resistance! ๐๐๏ธ
๐ Pair: SUI/USDT
โฑ Timeframe: 1H
๐ฐ Current Price: $3.91 (+3.71%)
๐ 24h High/Low: $3.91 / $3.73
๐ฅ 24h Volume: ~$989.5M
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๐ง Technical Snapshot:
MA(7): $3.85
MA(25): $3.80
MA(99): $3.70
Resistance Zone: $4.00 โ $4.10
Support Zone: $3.70 โ $3.60
*SUI is exhibiting strong bullish momentum, with price action above key moving averages, indicating potential for further upside. *
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๐ Futures Traders:
๐ข Long Entry:
Entry Zone: $3.85 โ $3.90
TP1: $4.10
TP2: $4.25
SL: $3.75
*Ideal for traders looking to capitalize on the bullish trend continuation. *
๐ด Short Entry (Caution Advised):
Entry Zone: $4.00 โ $4.10
TP1: $3.85
TP2: $3.70
SL: $4.20
*Consider short positions only if there's clear rejection at resistance levels. *
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๐ Spot Traders:
Accumulation Zone: $3.60 โ $3.70
Target 1: $4.00
Target 2: $4.25
Long-Term Target: $5.00+
*Given the recent uptrend, spot traders might look for pullbacks to accumulate positions. *
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๐ Performance Overview:
24h Change: +3.71%
7D Change: -0.81%
30D Change: +82.41%
90D Change: +16.91%
1Y Change: +261.03%
*SUI has shown significant growth over the past month, reflecting increasing investor interest. *
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โ๏ธ Final Verdict:
SUI is demonstrating strong bullish momentum, with price action above key moving averages and significant volume. While the trend is favorable, traders should remain cautious of potential resistance around $4.00. Both futures and spot traders can find opportunities, but risk management is crucial.