SUI has broken out of its downtrend line and is now attempting an EMA cross, a potential signal for trend reversal strength.
Upside:
Holding above the EMA cross supports momentum continuation toward the next supply zone.
Confirmation of this cross could drive SUI into a stronger bullish leg.
Downside:
If the EMA cross fails, support lies near the $3.20 demand zone.
Below that, the deeper base of the demand box would be the key defense level.
📊 Key focus: Will the EMA cross confirm and fuel a stronger rally, or will price roll over into demand for a retest?
Upside:
Holding above the EMA cross supports momentum continuation toward the next supply zone.
Confirmation of this cross could drive SUI into a stronger bullish leg.
Downside:
If the EMA cross fails, support lies near the $3.20 demand zone.
Below that, the deeper base of the demand box would be the key defense level.
📊 Key focus: Will the EMA cross confirm and fuel a stronger rally, or will price roll over into demand for a retest?
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Explore 5,000 Strategies at quanttradingpro.com
Search for the most profitable, lowest risk by symbol!
Search by indicators like Supertrend, Ichimoku, macd.
Join our discord discord.gg/2systG9frc
We provide education & tools.
Search for the most profitable, lowest risk by symbol!
Search by indicators like Supertrend, Ichimoku, macd.
Join our discord discord.gg/2systG9frc
We provide education & tools.
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.