1D CHART of SUI on USDT market pair. indicates a potential trend reversal following a prolonged downtrend within a descending parallel channel. The price has consistently formed lower highs and lower lows, indicating strong bearish momentum. However, a recent breakout from the channel suggests a possible shift towards bullish price action.
A critical support zone around $2.00 has shown significance, as buyers have stepped in to defend this level, preventing further declines.
This breakout signals a potential trend change, with the price now targeting key resistance levels at $2.9357, $3.5131, and $4.2060. In an extended bullish scenario, the price could reach as high as $4.7538.
A critical support zone around $2.00 has shown significance, as buyers have stepped in to defend this level, preventing further declines.
This breakout signals a potential trend change, with the price now targeting key resistance levels at $2.9357, $3.5131, and $4.2060. In an extended bullish scenario, the price could reach as high as $4.7538.
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Retesting support zone after breakoutCatatan
Target 1 hit for Catatan
Target 2 hit for Catatan
Target 3 hit for Pernyataan Penyangkalan
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Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
