🚀 $SUI USDT Technical Analysis!! 🚀
$SUI is currently trading at **1.8395 USDT**, down **1.25%** in the past 24 hours. The market shows **short-term bullish momentum**, with price sitting above the **EMA(7)** (1.8209 USDT) and **EMA(25)** (1.8365 USDT), but still below the long-term **EMA(99)** (1.8827 USDT), signaling a **bearish overall trend**.
📈 **Support & Resistance**:
- **Key Support** at **1.7467 USDT** (recent low), providing a potential safety net for traders.
- **Major Resistance** at **1.8827 USDT** (EMA 99) and **1.9049 USDT** (24h high). A break above these levels could spark a strong upward move.
🎯 **Entry Strategy**: Consider entering a **long position** if the price successfully breaks and holds above **1.8827 USDT** (EMA 99). For risk-averse traders, placing a **stop-loss** near the support of **1.7467 USDT** can help protect against downside risk.
With volume building up, the next few hours could be decisive for a potential **bullish breakout**! 🌟 Keep an eye on those resistance levels!
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