Technical Analysis Report for $SUI /USDT

SUI is currently trading at $0.9413, having increased by 8.54% over the past 24 hours. The price has ranged from a high of $0.9865 to a low of $0.8531, indicating strong market activity. This upward trend offers several opportunities for traders.

The key support level is at $0.9097; if the price drops below this, it could signal further declines. The immediate resistance is at $0.9865, and breaking above this level may attract more buyers. For traders, a long position could be entered around $0.9500, with a target of $1.0000 and a stop loss at $0.9100. Alternatively, a short position could be initiated at $0.9100, targeting $0.8500, with a stop loss at $0.9500. Monitoring these levels will help traders make informed decisions in this dynamic market.

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