🔴SUIUSDT Trading Signal 💸

Timeframe: 4 hours ⏰

Pair: SUI/TetherUS ₿

Technical Analysis:

📈 Uptrend Pattern: The price is moving within an uptrend pattern on the 4-hour frame, adhering to its limits well and heading to touch resistance again 🔝.

🔴 Resistance Area: A resistance area is identified at $1.12, where the price is likely to touch and rebound from ⚠️.

📊 Moving Average: The price is trending to touch the 100-period moving average, indicating potential support 📈.

📊 RSI Indicator: An uptrend on the RSI indicator supports further growth, with an RSI reading of 62.15 🚀.

Entry Price: $1.09 💰

Targets:

1. $1.062 🎯

2. $0.9757 📊

Stop Loss: $1.14 ⛔️

Risk Reward Ratio: 1:2.5 📈

Disclaimer: DYOR and NFA⚠️.

$SUI

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