Update $SUI Price zones are reacting very well to the Fibo band, a healthy uptrend that needs technical falls to gain momentum.
I've seen SUI's $4 and $5 targets
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🚀🚀🚀 TREND UPDATE $SUI MAR 8, 2024 🚀🚀🚀
🔥 Chart W: The main trend is still in a long-term uptrend, the chart after a long pullback is forming a sign of a long-term uptrend continuing. A weekly candle closing above the $1.65 zone would be better for SUI's uptrend.
🔥 Chart D1: Price has left the rising price channel, but is showing signs of retesting the trend line. In terms of technical factors, the price is still in a long-term uptrend.
🚀 Chart H1: Currently the chart is following a short-term uptrend, the price is going up slowly but steadily, showing a good sign for SUI's long-term uptrend. A strong and confirming candle will strengthen the signal for the return of the short-term uptrend.
⭐⭐⭐⭐⭐ The price reduction of $SUI by more than 30% after hot growth in recent times is necessary for the price of $SUI to continue to grow in the long term. Watch this week's candlestick to determine the healthy continuation of the uptrend.
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$SUI is currently following a very nice and sustainable upward price channel, according to Daily and H4 charts.
The possibility that $SUI will continue to increase is very high.
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