šØ$SUI SUI/USDT ALERT: Consolidation in Key Range with Possible Breakout! šØ
SUI is trading at 3.0315, down 3.31% over the last 24 hours. After recent fluctuations between support and resistance levels, SUI is in a consolidation phase, indicating potential for an upcoming move.
Key Levels to Watch:
šÆ Target 1 - Immediate Resistance at 3.1708: A breakout above this level could signal the start of a bullish trend, attracting short-term buyers.
šÆ Target 2 - Upper Resistance at 3.3317: Clearing this point would indicate stronger buying momentum, potentially pushing SUI towards higher levels.
šÆ Target 3 - Extended Resistance at 3.3572: Breaking this level could mark a significant bullish reversal, with more buyers likely joining the momentum.
Support Zone: Holding above the recent low of 2.8235 is crucial to maintain stability. A fall below this could extend the downtrend and lead to further selling pressure.
Monitor closely as SUI trades within this range. A breakout above resistance levels could drive a strong recovery, while maintaining support is key to avoid additional declines.
