🚀 $SUI
/USDT Technical Analysis 🚀
📊 Current Price: $3.84 (+4.93%)
🔍 Market Overview: The SUI/USDT pair is currently showing an impressive bounce from its recent low at $3.64, making a steady recovery. However, there are key levels to watch for the next potential moves. Here's a breakdown of the price action and what to expect:
🎯 Target 1: $3.94 (Resistance Zone)
The price has recently tested the $3.94 mark and could retest this level as it consolidates. A breakout above this resistance zone could signal further bullish momentum.
🎯 Target 2: $4.05 (Next Strong Resistance)
If the price breaks through $3.94, the next major target is $4.05. This level has been historically significant, and a close above it may signal a stronger uptrend.
🎯 Target 3: $4.20 (Potential Reversal Zone)
If bullish sentiment continues and we see momentum past $4.05, $4.20 becomes a critical target. This could be a major turning point, with the potential for a pullback or continuation, depending on market conditions.
📉 Key Support: $3.64
A drop below this level could indicate a possible shift in trend, and we’d be looking for lower support levels around $3.50 and $3.35 for further confirmation.
🔮 What to Watch:
Bullish Trend: Focus on a breakout above $3.94 to move toward $4.05 and $4.20.
Bearish Trend: A drop below $3.64 would suggest further downside risk.
#MajorUnlocks #SOLMarketMove #PNUTRush #BONKBURNmas #SOLWatch