📈LONG: $SUI (4H)
Current Price $3.40
Market Cap $9.67B
Change 1h +0.87% | 24h +6.51%
4-Hourly Indicators:
• RSI: 50 - Neutral 🟠
• MACD: -0 - Bearish 🔴
• EMA: 3.38 - Trading Above 🟢
Analysis:
The SUIUSDT chart reveals a descending triangle pattern with lower highs, indicating a potential breakout. As it breaks the downward trendline, bullish momentum might carry the price upward. A long position could be promising if the trend sustains.
Price Targets:
Look out for key resistance zones around $3.83 and $4.29. Initial support in the event of a pullback is expected at $3.15. This setup could offer exciting opportunities for a strategic long entry!
