$SUI $SUI The $SUI /USDT pair has been on a strong uptrend recently, with the price surging from the $1.5983 support level to the current price of $1.9414. This represents a gain of over 21% in a relatively short period.

Key Levels

Support: The $1.7873 level has acted as strong support during the recent pullback. If the price breaks below this level, it could signal a potential reversal of the uptrend.

Resistance: The $2.1329 level represents the current 24-hour high and could act as immediate resistance. A break above this level could open the door to further upside potential.

Entry Signal

A potential entry signal could be a dip towards the $1.7873 support level. If the price bounces off this level and shows signs of bullish momentum, such as a green candle with increased volume, it could be a good opportunity to enter a long position.

Trading Strategy

Long Position: Buy SUI/USDT near the $1.7873 support level if it shows signs of bullish reversal. Set a stop-loss below the recent low and a take-profit target at the $2.1329 resistance level.#TetherAEDLaunch #BTCMiningRevenue #USElections2024Countdown #USEquitiesRebound #Write2Earn!