🐂 Attention, bulls! $SUI /USDT is showing signs of an upward movement and could be an excellent opportunity for those looking to LONG! 🐂
The "shock" price for a bullish entry is at $3.2407, and the target we are looking at is $3.3825. That’s an interesting movement to keep an eye on!
The key support levels indicating a possible bullish rally are:
LG1: $3.2407 (the key entry point)
LG2: $3.1733 (2.1% below, a good zone to accumulate if there is a pullback)
LG3: $3.0315 (4.5% below, the strongest support before invalidating the bullish scenario)
Let’s remember that SUI has been on a rollercoaster, and its all-time high of $5.3699 shows us it has tremendous potential. We are 65.73% away from that ATH, which means there is plenty of room to grow if the trend holds!
Moreover, let’s not underestimate the power of news and sentiment. SUI has had recent developments, including a recovery from a hack and the possible filing of an ETF on Nasdaq, which could give it an extra boost. But watch out for manipulation! The market always seeks to shake out the less attentive. It’s crucial to see buying volume accompanying the movement to confirm the strength of the rally and avoid potential traps. If the price retraces to $3.1733 or $3.0315 and holds, it could be a good entry zone for those who missed out.
Let’s keep our eyes on the chart and HODL wisely if the movement is confirmed!
