š„ $SUI USDT CONSOLIDATION BEFORE THE NEXT BIG MOVE!
$SUI is currently trading at $2.8954 (+1.98%) on the 4H chart, showing sideways consolidation after its previous impulsive rally. Bulls are holding the price above the key support zone, indicating preparation for the next breakout.
š Key Levels:
Support: $2.8600 & $2.8330
Resistance: $2.9350 (immediate), next major at $3.0000
Current Price: $2.8954
šÆ Trade Setup (Long):
Entry Zone: $2.8800 ā $2.9000 (buy near current consolidation or breakout above $2.9350)
Targets (TP):
TP1: $2.9350
TP2: $3.0000
TP3: $3.0650
Stop Loss (SL): $2.8330 (below recent swing low)
š Market Outlook: SUIUSDT remains in a range-bound phase, building a base for potential upside continuation. A clean breakout above $2.9350 with volume can trigger rapid moves towards $3+. However, failure to hold above support may invite short-term pullbacks.
ā ļø Risk Management: Always risk 1-2% of your capital per trade to protect your portfolio from unexpected volatility.
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