$SUI (#SuiNetwork)
🔻 Current Situation: expect a breakout in either direction.
🔻 Priority Target: $1.2 is the initial goal. The situation will need reassessment after that level.
🔻 Trend Break Point: A reversal pattern will be confirmed with price holding above $1.2 after a retest. Ideally, the price shouldn’t fall below $1 afterward.
🔻 Support Levels: In case of a downside breakout, the nearest support is $0.5 - $0.56.
🔻 Fundamentals: Strong downward pressure due to token unlocks. Large FDV market cap, weak ecosystem. However, there’s positive news emerging around #Grayscale, #SuiPlay0x1, offline transactions, etc.
🟢 Green zone = buying opportunities. 🔴 Red zone = selling or profit-taking zones. Watch for setups and price action in these key areas.
🔻 Priority Target: $1.2 is the initial goal. The situation will need reassessment after that level.
🔻 Trend Break Point: A reversal pattern will be confirmed with price holding above $1.2 after a retest. Ideally, the price shouldn’t fall below $1 afterward.
🔻 Support Levels: In case of a downside breakout, the nearest support is $0.5 - $0.56.
🔻 Fundamentals: Strong downward pressure due to token unlocks. Large FDV market cap, weak ecosystem. However, there’s positive news emerging around #Grayscale, #SuiPlay0x1, offline transactions, etc.
🟢 Green zone = buying opportunities. 🔴 Red zone = selling or profit-taking zones. Watch for setups and price action in these key areas.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.