๐ง #SUI worked off the negative scenario
According to my past prediction, the price went according to plan with a decline. It has gone down 9.69% since the important ๐ level I mentioned.
Above the major support at ~$0.782, a bearish inverted cup-with-handle pattern was formed. The last segment of the formation formed after consolidation between key support and the ~$0.830 mirror level.
Going forward, I do not expect any strong downside retracement of this formation. I think that the price will reverse upwards in the near future. Now the market has removed stops and liquidations under the strong level, which in principle was the point of the whole downward movement ๐ฏ
