🚀 Critical Levels in Focus for SUI: Will Support Hold or Is a Bearish Break Imminent? 📈

The 1-hour chart for $SUI is revealing crucial resistance and support levels that could dictate the next market moves.

🔍 Key Highlights:

- Resistance Level: Watch for a breakout at $2.107; a breach could lead to targets of $2.1473 and $2.1548.

- Support Levels: Key support is at $2.0173; a break here may signal further declines.

- EMA & MACD Analysis: Mixed signals suggest a consolidation phase, but watch for potential bearish momentum.

- RSI Trends: Currently neutral but trending down, indicating possible bearish pressure.

Whether you're looking to go long or short, understanding these dynamics is essential for making informed trading decisions.

#SUI #TrendingInvestments

Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Always do your own research before trading!