$SUI The best team @CRYPTO MAXX is creative in the art of reading signals 🔥🔥

From followers' requests

Analysis of the $SUI currency on the daily frame.

According to the attached chart:
1- The currency is moving within an Ascending Channel,
which is an indication that the general long-term trend is upward.
- The upper and lower channel lines form support and resistance for the price. When the price approaches the lower channel line, traders may expect an upward bounce.
2. Current price:
- The currency is currently trading at $0.80, which is close to the lower support line of the ascending channel, and also to the green support area at 0.67 that appears on the chart.
4. Support area:
- The green area that appears below the channel forms strong support within the range of 0.67$ and 0.50$ If the price can stabilize above it, there may be opportunities for an upward bounce.
5. Target levels:
If the price continues to bounce within the ascending channel, the target levels could be as follows:
- $1.1638: First resistance level (first target).
- $1.4905: Second resistance (second target).
In case of strong momentum, we may witness an attempt to break the ascending channel towards the higher target at $2.488

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