See original
LIVE
Hadiqa kanwal pro
--
Bullish
🚨$𝐒𝐔𝐈 𝐒𝐡𝐨𝐫𝐭-𝐓𝐞𝐫𝐦 𝐎𝐮𝐭𝐥𝐨𝐨𝐤: 𝐊𝐞𝐲 𝐋𝐞𝐯𝐞𝐥𝐬 𝐭𝐨 𝐖𝐚𝐭𝐜𝐡💥
Following a bearish divergence in the RSI, $SUI has formed a Swing Failure Pattern (SFP) within its internal structure, leading to a pullback toward the S-R flip zone (marked as the green box). This zone currently acts as critical support, but if it fails to hold, a deeper correction toward the trendline support may occur. Traders should monitor this level closely, as support zones lie significantly below the current price.
Even if the price dips to the lowest marked liquidation level, there’s no immediate cause for concern as long as it regains strength along the trendline. Such a scenario could allow for a healthier upward movement, addressing imbalances in the bullish candles. Although it’s not mandatory for these gaps to be filled, doing so often leads to a more sustainable recovery.
With this setup, $SUI offers opportunities for both cautious entries near support levels and potential gains during rebounds. Traders should remain vigilant and adjust their strategies based on price action around the key zones.
$SUI
#BTCNewATH #CryptoUsersHit18M #BinanceLaunchpoolVANA
Following a bearish divergence in the RSI, $SUI has formed a Swing Failure Pattern (SFP) within its internal structure, leading to a pullback toward the S-R flip zone (marked as the green box). This zone currently acts as critical support, but if it fails to hold, a deeper correction toward the trendline support may occur. Traders should monitor this level closely, as support zones lie significantly below the current price.
Even if the price dips to the lowest marked liquidation level, there’s no immediate cause for concern as long as it regains strength along the trendline. Such a scenario could allow for a healthier upward movement, addressing imbalances in the bullish candles. Although it’s not mandatory for these gaps to be filled, doing so often leads to a more sustainable recovery.
With this setup, $SUI offers opportunities for both cautious entries near support levels and potential gains during rebounds. Traders should remain vigilant and adjust their strategies based on price action around the key zones.
$SUI
#BTCNewATH #CryptoUsersHit18M #BinanceLaunchpoolVANA
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
165
0
Replies 0