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AMANDA BELLA
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Technical Analysis of $SUI/USDT
SUI/USDT is trading within an ascending channel,
while maintaining its bullish structure.
The main targets for this rise are:
$5.7110: Initial target based on the channel midpoint.
$6.8002: Minor resistance in line with Fibonacci projections.
$7.7398: Final target at the upper boundary of the channel,
which indicates
73.48.% uptrend.
The current price of 4.6861 D indicates the possibility of continuation,
with a stop loss recommendation below 3.8959 to manage risks
effectively.
A breakout and consolidation above the current resistance area may
stimulate further bullish momentum towards the specified targets.
Don't forget to support us so we can continue to publish 😊🙏.
$SUI
SUI/USDT is trading within an ascending channel,
while maintaining its bullish structure.
The main targets for this rise are:
$5.7110: Initial target based on the channel midpoint.
$6.8002: Minor resistance in line with Fibonacci projections.
$7.7398: Final target at the upper boundary of the channel,
which indicates
73.48.% uptrend.
The current price of 4.6861 D indicates the possibility of continuation,
with a stop loss recommendation below 3.8959 to manage risks
effectively.
A breakout and consolidation above the current resistance area may
stimulate further bullish momentum towards the specified targets.
Don't forget to support us so we can continue to publish 😊🙏.
$SUI
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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