$SUI /USDT

📊 SUI/USDT Analysis

🔹 Current Snapshot:

Price: $3.1082

24h High: $3.1134

24h Low: $2.9488

Volume: 32.18M SUI / $97.07M USDT

Exchange: Binance

📉 Key Levels (Support & Resistance)

Price LevelTypeNotes$2.7673Strong SupportMulti-day bottom, last demand zone$2.8051–$2.9334Support ZoneRecent bounce levels$3.1082Current PriceTrading near local high$3.2654ResistanceFirst resistance ahead$3.4314–$3.5975Major ResistanceStrong supply zone, reversal risk

📈 Trade Scenarios

✅ Bullish Setup (Trend Continuation)

Entry: $3.05–$3.10 (on minor retracement or breakout candle confirmation)

Stop-Loss: $2.93 (below support + recent low)

Targets:

TP1: $3.26

TP2: $3.43

TP3 (extended): $3.59

R:R: ~1:2 to 1:3 depending on entry/exit precision

🔎 Confirmation: Bullish engulfing on 1H or breakout + retest of $3.11 zone

❌ Bearish Setup (If rejection at resistance)

Entry: $3.25–$3.30 (watch for rejection or wick rejections at this zone)

Stop-Loss: $3.33+

Targets:

TP1: $3.10

TP2: $2.94

❗️Use this setup only if bearish divergence shows up on RSI/MACD or strong volume reversal

🛠️ Technical Indicators to Watch

RSI (1H/4H): Overbought >70? Risk of short-term correction

MACD: Bullish cross = trend continuation; divergence = reversal signal

Volume: Volume spike on breakout = strong confirmation

🔔 Trade Notes:

A close above $3.26 with volume would be very bullish, targeting $3.43+

Failure to hold above $3.11 after breakout may signal a fakeout

Safer long entries are near $2.94–$3.00 with tight risk management

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