👋🏻 FINAL ANALYSIS - Sui ($SUI)!
The day of purchase has come, the fundamentals, investors and the community have been reviewed above, you can read it if you haven't done so yet!
Brief chart analysis: we have good support at the price mark of around $3.36, we formed equal lows with the candle closing, but the shadow of the second went lower, so there is a possibility of a three-touch pattern - at the beginning of the week we may return to this price and fly up.
Additionally, we are steadily following within a parallel price channel since August, so we cannot go into the negative, and here a strong bullish order block at $2.97-$3.2 helps, from which we can get a good bounce.👇🏻
In the medium to long term, there is a chance to approach 5$ per coin, but our target will be the range of $4.6-$4.8, we will take the profit and invest in other coins. I will enter with 5% of the portfolio.
So, here’s what I have:
1️⃣ Purchase price: $3.3-$3.5
2️⃣ Amount: 1.000$ (5%)
3️⃣ Selling price: $4.6-$4.8
💭 Considering the strong decline in Bitcoin's dominance, as well as the high growth of the market capitalization of fundamental altcoins, rather than meme coins, there is a chance to close this deal in just a couple of weeks.
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