$SUI $SUI $SUI

SUI/USDT Analysis: A Bullish Rally in Progress

The SUI/USDT chart shows a strong bullish momentum. Here's the breakdown:

Support & Resistance:

* Immediate support: 1.9180

* Current resistance: 2.3554

Entry Strategy:

A conservative entry strategy would be to wait for a slight pullback to the 1.9180 support level before buying. However, given the strong upward trend, a direct entry at the current price could also be considered for aggressive traders.

Indicators:

* MACD: Bullish crossover, indicating a strong uptrend.

* RSI: Overbought, suggesting a potential short-term correction. However, the overall trend remains bullish.

Disclaimer: This is not financial advice. Do your own research.

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