SUI-USDT Market Analysis: Is it a Bullish Momentum ?

The SUI-USDT trading pair is currently positioned at a robust support level ranging from 1.0148 to 1.0436.
This level has held firm, suggesting a potential bullish opportunity for traders. Technical analysis indicates that the price has the potential to climb to the resistance area of 1.112 to 1.1237. However, it's essential to monitor the price closely as it approaches this zone, as it may encounter some resistance.

If price break through the resistance zone of 1.112 to 1.1237 and sustains above this level, it could signal a further bullish trend. In such a scenario, traders may anticipate a potential target range of 1.2325 to 1.2550.

#plan your trade and trade your plan