$SUI 🚀 SUI/USDT: Catching the Momentum!
The SUI/USDT pair has seen significant movement, surging over 20% in the last 24 hours amid positive ecosystem news, including the USDsui stablecoin launch and expanded accessibility on major exchanges. This strong performance follows a volatile period and indicates renewed buying interest.
📈 Trading Advice & Key Levels
Current Sentiment: Short-term bullish momentum is strong, with the Relative Strength Index (RSI) indicating the asset is becoming overbought.
Key Resistance: Watch the $1.80 level closely. A confirmed breakout here could pave the way for a move toward the $2.00 - $2.30 range.$SUI
Key Support: Immediate support is near $1.58. A drop below the $1.48 mark might signal a short-term reversal.
Caution: High volatility (ATR) is noted. Always use stop-loss orders and practice risk management. DYOR.
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