#SUIUSDT analysis-
strong up move, SUI was in the consolidation and then it gave breakout with more than 10% returns from the breakout level.
After giving more than 10% returns, SUI retraces back to the resistance zone which becomes support after the breakout.
SUI is about to give breakout with same pattern formation. If it gives breakout with volume then it has potential to move another 5-10% returns.
ENTRY- 1.6401-1.6410
SL- 1.5315
TARGET 1- 1.7221
TARGET 2- 1.8171
strong up move, SUI was in the consolidation and then it gave breakout with more than 10% returns from the breakout level.
After giving more than 10% returns, SUI retraces back to the resistance zone which becomes support after the breakout.
SUI is about to give breakout with same pattern formation. If it gives breakout with volume then it has potential to move another 5-10% returns.
ENTRY- 1.6401-1.6410
SL- 1.5315
TARGET 1- 1.7221
TARGET 2- 1.8171
🤩5
#SUI is currently flashing signs of a bullish continuation from a key support zone that used to be a descending resistance. We've been tracking #SUI moving within a descending channel for a while now. Recently, it broke above this pattern, retested the upper channel, and is now showing strength at the crucial support level.
If #SUIUSDT holds this support, we could see a significant bullish rally reminiscent of past trends. A breakout above the resistance at $1.138could pave the way for a move towards higher resistance zones.
If #SUIUSDT holds this support, we could see a significant bullish rally reminiscent of past trends. A breakout above the resistance at $1.138could pave the way for a move towards higher resistance zones.
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#SUIUSDT 💧 Does anyone doubt that the great resistance will be broken? With this power, I don't think anything can stop it.
Sui recently passed 1 billion in total market value locked (TVL), surpassing Avalanche and Polygon!
The lowest price I can find in pullback is 1.4 (if you're lucky). If it is above the support zone, it can start the upward movement
The upward momentum of SUA will be legendary
Sui recently passed 1 billion in total market value locked (TVL), surpassing Avalanche and Polygon!
The lowest price I can find in pullback is 1.4 (if you're lucky). If it is above the support zone, it can start the upward movement
The upward momentum of SUA will be legendary
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#SUIUSDT The SUI chart is showing positive signals for an uptrend; the formation of a bearish wedge pattern on the daily timeframe and a successful retest of the previous high are among the signs of this potential.
In addition, the news of a new partnership with World Liberty Financial could have a positive impact on market sentiment.
If these barriers are overcome, further growth can be expected.
In addition, the news of a new partnership with World Liberty Financial could have a positive impact on market sentiment.
If these barriers are overcome, further growth can be expected.
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#SUIUSDT The daily chart of SUI shows that the price is retracing the annual EMA, which is a bullish sign.
Also, the WAL listing in the coming day could have a positive impact on the SUI ecosystem.
Also, the WAL listing in the coming day could have a positive impact on the SUI ecosystem.
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#SUIUSDT The price is completely in an upward position. If the trendline and ceiling line break, we can be sure that the price has entered a completely upward phase. The target we are considering is our first target of $5.64, which is the price from the completion of the AB=CD pattern. The next targets are $6.7 and $8.
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