🚨 $SUI USDT Update – Bulls Ready to Strike? Potential Upside in Sight!
$SUI is currently trading at $3.3321, showing resilience at key support zones. After a notable pullback from the recent high of $3.5225, buyers are gradually regaining control. The market is shaping up for a potential bounce, and this could be the calm before the breakout. 👀
🔍 Technical Breakdown
✅ Trend: Sideways-to-bullish on the daily chart
✅ Price Action: Forming a base near $3.30, with higher lows suggesting bullish intent
✅ Volume: Stable – no panic sell-offs, indicating buyer confidence
✅ Resistance Zone: $3.45 – $3.52
✅ Support Zone: $3.25 – $3.30
📌 Trading Signal
If SUI breaks and closes above $3.38 with a volume surge, expect upward momentum toward $3.5225 and possibly beyond.
🎯 Target: $3.5225
🛡️ Stop-loss: Below $3.25
🔁 Entry Strategy:
Conservative entry: Wait for breakout above $3.38
Aggressive entry: Accumulate near $3.30 with tight stop
📈 Bullish Scenario:
A clean breakout and hold above $3.40 will signal a trend continuation, with momentum traders potentially pushing it above the $3.50 mark.
📉 Bearish Scenario:
Failure to hold $3.30 could invite a quick test of $3.25 or lower. Watch for rejection candles near $3.38.
Final Thoughts
SUI is at a make-or-break zone. This is the type of setup that rewards patience. Traders should watch for confirmation, manage risk, and not chase. Let the breakout prove itself. ⚔️
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