๐จ SUI/USDT Trade Setup โ Eyeing Momentum Above Key Level ๐จ
SUI has surged with confidence, currently trading at $2.8191 (+12.29%) and brushing against its recent high of $2.9131. After a strong bullish impulse, price retraced and found footing above $2.39 โ forming a higher low and signaling renewed buyer interest. Volume is backing the move, with 103.78M SUI traded in the past 24 hours, a strong sign that this isnโt a hollow rally.
The 5 & 10 MA are converging, suggesting a potential bullish crossover. If price holds above these short-term MAs, momentum could build toward a fresh breakout. A clear resistance sits around $2.91 โ a break and close above this level could open targets toward $3.20โ$3.35. To manage risk, consider a stop-loss below $2.39, the recent low.
๐ The trend is your friend โ but the real edge comes from managing the flip side. Trade smart.
