$SUI /USDT Trading Signal - Testing Support Zone

Current Price: $4.6831

24H Range: $4.6600 - $5.1717

Analysis:

SUI is under strong selling pressure, breaking below key EMAs (7, 25, 99). The price is now hovering near its 24H low of $4.6600, which could act as a critical support zone. A rebound from this level may offer a short-term trading opportunity.

Potential Setup:

Entry Zone: $4.6700 - $4.7000

Targets:

Target 1: $4.8000

Target 2: $4.9500

Target 3: $5.1000

Stop Loss: $4.6200

Observation:

A potential reversal could emerge if buyers defend the $4.6600 level. A move above $4.7500 would signal bullish momentum, while failure to hold support may lead to further declines.

Actionable Advice:

Monitor closely for a rebound above $4.7000.

Secure profits at each target and adjust stop-loss levels to minimize risk.

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