🚨$SUI /USDT Technical Analysis:🚨💣

Current Price: $2.2532

24h High: $2.3554

24h Low: $1.9180

Long Entry: $2.15

Long Stop Loss: $1.90

Short Entry: $2.30

Short Stop Loss: $2.40

📊⚡Analysis:

The SUI/USDT pair has been on a strong uptrend recently, with a significant price surge. The chart shows a clear bullish momentum, with the price breaking above multiple resistance levels📊. However, the recent pullback suggests a potential short-term consolidation or correction.

📈For long-term traders, the current dip provides a good buying opportunity. The stop loss can be placed below the recent support level of $1.90.

📉For short-term traders, the price is approaching a key resistance level at $2.30. A break above this level could signal further upside potential. However, a failure to break above this level could lead to a downward correction. 🛑The stop loss for short positions can be placed above the recent high of $2.40.

⚠️Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Please do your own research before making any investment decisions.

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