Full Analysis $SUI as of 08/22/2024 (4-hour chart)

1. Price Forecast (Short-Term, Medium-Term)

Short-Term Forecast: SUI price consolidation is expected in the $0.83 - $0.87 range in the next 1-2 weeks. If the price breaks through $0.87, growth to $0.90 is likely.

Medium-Term Forecast: Price movement in the $0.85 - $0.95 range is possible in 1-3 months. The main resistance is at $0.90, a breakout of which may lead to growth to $1.00. ⚠️ Overall Conclusion:

The current situation on the SUI market indicates the possibility of consolidation in the $0.83 - $0.87 range in the short term. Technical indicators such as the price being below the Ichimoku cloud indicate a bearish sentiment, which increases the probability of a pullback from the $0.87 - $0.90 level. However, the support at $0.83 remains strong, and the probability of a rebound is higher than further decline. It is recommended to consider 🟢long positions at $0.83 - $0.84 with a target at $0.87 - $0.90. 👍 ➡️@INVESTIDEAUA INVESTIDEAUA