📈 Sui (SUI): 🚀 Targeting $8.85 – The Momentum is Real! 🌊
SUI is showcasing tremendous bullish potential on the 12H chart, breaking through critical levels with strength. With Target 1 and Target 2 already achieved, the price is building momentum to reach the next major milestone at $8.85 (Target 3) faster than anticipated!
Technical Breakdown:
Ascending Channel: SUI continues to trade within a strong bullish channel, respecting higher lows and higher highs.
Key Support Levels:
$4.37: Immediate support to watch for a healthy retracement.
$3.62: Deeper support zone, providing a solid base for continuation.
Upside Potential:
Break above $5.87 clears the path toward $7.19 and eventually $8.85 (Target 3).
Why Sui Could Accelerate to $8.85:
Innovative Technology: Sui's Move programming language enables faster, more secure smart contracts, attracting developers and projects.
Ecosystem Growth: Sui is rapidly becoming a go-to blockchain for Web3 gaming, NFTs, and metaverse applications.
Institutional Backing: Support from venture giants like a16z underlines long-term confidence in the project.
Bullish Sentiment: The market's growing confidence in Sui is reflected in the strong upward price movement.
The Fast Track to Target 3 🚀
If SUI maintains its current momentum, we could see an accelerated move toward $8.85, fueled by its expanding ecosystem and bullish technical setup. Watch for volume surges and decisive breaks above $5.87 for confirmation of the next leg up!
What’s your outlook on Sui’s potential? Do you think $8.85 is achievable soon? Share your thoughts below! 👇
One Love,
The FXPROFESSOR 💙
SUI is showcasing tremendous bullish potential on the 12H chart, breaking through critical levels with strength. With Target 1 and Target 2 already achieved, the price is building momentum to reach the next major milestone at $8.85 (Target 3) faster than anticipated!
Technical Breakdown:
Ascending Channel: SUI continues to trade within a strong bullish channel, respecting higher lows and higher highs.
Key Support Levels:
$4.37: Immediate support to watch for a healthy retracement.
$3.62: Deeper support zone, providing a solid base for continuation.
Upside Potential:
Break above $5.87 clears the path toward $7.19 and eventually $8.85 (Target 3).
Why Sui Could Accelerate to $8.85:
Innovative Technology: Sui's Move programming language enables faster, more secure smart contracts, attracting developers and projects.
Ecosystem Growth: Sui is rapidly becoming a go-to blockchain for Web3 gaming, NFTs, and metaverse applications.
Institutional Backing: Support from venture giants like a16z underlines long-term confidence in the project.
Bullish Sentiment: The market's growing confidence in Sui is reflected in the strong upward price movement.
The Fast Track to Target 3 🚀
If SUI maintains its current momentum, we could see an accelerated move toward $8.85, fueled by its expanding ecosystem and bullish technical setup. Watch for volume surges and decisive breaks above $5.87 for confirmation of the next leg up!
What’s your outlook on Sui’s potential? Do you think $8.85 is achievable soon? Share your thoughts below! 👇
One Love,
The FXPROFESSOR 💙
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
📣 Telegram: t.me/fxprofessor88
🌍 Subscribe via web at fxprofessor.com
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🌍 Subscribe via web at fxprofessor.com
🤖 Subscribe via Telegram Bot: t.me/FXPROFESSOR_bot
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.