๐จ $SUI /USDT โ On the Move! Breakout or Resistance Rejection? โ๏ธ๐ฅ
$SUI just pumped to $3.5199 (+8.73%), brushing against its 24h high of $3.5521. With strong volume and bullish MA alignment, is $3.60+ nextโor will the rally stall?
๐ Market Overview
๐ Current Price: $3.5199
๐ 24h High: $3.5521
โ๏ธ 24h Low: $3.2070
๐ Parabolic SAR: $2.7644 (Uptrend holding!)
๐ MACD Momentum:
DIF: ~195K
DEA: ~7M
MACD: Trending bullishโearly breakout phase
๐ RSI (6): Estimated ~68 โ Nearing overbought, but still room to run
๐ SUI Trade Setup โ Key Levels to Watch
๐น Bullish Scenario (If SUI Holds Above $3.50):
Entry: Above $3.55
Targets: $3.80, $4.00, $4.25+
Stop-Loss: $3.41
๐น Bearish Scenario (If SUI Falls Below $3.41):
Entry: Below $3.41
Targets: $3.25, $3.09, $2.93
Stop-Loss: $3.55
๐ Should You Hold or Sell?
โ Above MA(7), MA(25), MA(99) = solid bullish structure
โ Momentum + Volume = traders stepping in
โ ๏ธ Approaching resistance = expect potential fakeouts
๐ก Pro Tip:
๐ A clean breakout above $3.55 with volume could ignite a rally toward $4+
โ ๏ธ Failure to hold $3.41 could trigger a pullback to the $3.10โ$3.25 range
๐ข SUI tradersโare you stacking longs or fading the rally? Letโs talk in the comments! ๐ฌ๐ฅ
๐ฅ LIKE & SHARE to stay ahead on Layer 1 gems like SUI before they run! ๐๐