See original
CryptoGold2025
--
Bullish
Sui (SUIUSD) Surrounded by Positive Pressures – Analysis – 02-01-2025
The price of Sui (SUIUSD) extended its gains during its recent trading at the moment levels, amid the dominance of the main upward trend in the short term and its trading along the trend line, with the continuation of positive pressure due to its trading above its simple moving average for the previous 50-day period, and in addition to the above, we notice the beginning of positive signals in the relative strength indicators, after reaching areas of severe saturation with selling operations.
Therefore, we expect more rise in the price of the currency during its upcoming trading, to target the pivotal and close resistance level of $4.9577 in preparation for attacking it.
The expected direction for the upcoming trading: Upward $SUI
The price of Sui (SUIUSD) extended its gains during its recent trading at the moment levels, amid the dominance of the main upward trend in the short term and its trading along the trend line, with the continuation of positive pressure due to its trading above its simple moving average for the previous 50-day period, and in addition to the above, we notice the beginning of positive signals in the relative strength indicators, after reaching areas of severe saturation with selling operations.
Therefore, we expect more rise in the price of the currency during its upcoming trading, to target the pivotal and close resistance level of $4.9577 in preparation for attacking it.
The expected direction for the upcoming trading: Upward $SUI
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
4
0
Replies 0
Explore the latest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number