The price of $SUI /USDT is currently trading at $1.3706, reflecting a strong upward movement with a 13.29% gain. The resistance level is marked at $1.3930, and support is positioned at $1.1557. With the market momentum favoring a bullish scenario, traders should watch closely for a break above the resistance level, which could signal further upward movement.

For those considering a long trade, entering above $1.3930 could offer potential targets at $1.4180, $1.4500, and $1.4800. It’s advisable to set a stop loss near the support level at $1.2306 to manage risk if the market reverses. This setup allows for capturing profits as the price climbs while minimizing downside risk.

If the price moves below the support level of $1.2306, a short trade may be an option. Targets in this case would be $1.1557, $1.0427, and $0.8803, with a stop loss at $1.3930. This strategy can help protect traders from potential losses if the price begins to decline after failing to sustain upward momentum.

$SUI $BNB #BTC☀ #Token2049 #BinanceTurns7 #DOGSONBINANCE #BinanceLaunchpoolHMSTR