$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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