This SUI/USDT 15-minute chart ๐ showcases a Bull Flag pattern ๐ณ๏ธ, a bullish continuation signal ๐. The price consolidates after a sharp upward move, indicating potential for further upside ๐. RSI at 61.40 suggests moderate strength but no overbought conditions, supporting bullish momentum ๐ฅ. The breakout zone above the upper flag line ๐ could signal strong buying pressure, aiming for the next target near $3.89. Risk management is crucial โ ๏ธ, as failure to break upwards may lead to downward correction ๐. Keep an eye on volume and support zones! ๐
The TOTAL3 Weekly Chart ๐ displays a Cup and Handle pattern โ, a classic bullish structure ๐. This pattern suggests a potential breakout above the resistance line ๐, signaling increased market confidence. The EMA ribbon highlights steady upward momentum ๐, while the RSI at 72.55 indicates strength but near overbought conditions โ ๏ธ. A confirmed breakout could lead to significant gains, targeting higher levels ๐. However, rejection at resistance might trigger a pullback ๐. Traders should monitor volume and handle formation closely for optimal entries and risk management ๐ก๏ธ. So I am 99% confirm SUI is Bullish.
The SUI/USDT Heatmap ๐ฅ highlights liquidity zones ๐, with strong liquidation levels around $3.6-$3.8 ๐ฉ. This suggests significant trading activity and potential resistance ahead. Observing these clusters can guide entry/exit points ๐ฏ.
Entry: 3.3999$ or Market Price
1st Tp: 3.5425
2nd Tp: 3.6544
3rd Tp : 3.7854
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$SUI
