📊 Technical Analysis
● Price respects a broad descending channel but just bounced from the lower support line with a long-wick rejection; bullish divergence and a sequence of higher lows from June signal a turn.
● Break back above the mid-channel and a short bull flag point to a run toward the upper boundary/summer swing highs; invalidation below the last swing low and trendline.
💡 Fundamental Analysis
● Recent coverage highlights Sui’s fast-growing ecosystem and listings despite prior unlock risks; sentiment improved as builders/TVL expand and overhang fades.
✨ Summary
● Long SUI: buy pullbacks above trendline support; target the channel top / prior highs; watch the last swing low as a stop. Potential boosted by ecosystem growth noted in recent Yahoo/FxStreet reports.
-------------------
Share your opinion in the comments and support the idea with a like. Thanks for your support!
● Price respects a broad descending channel but just bounced from the lower support line with a long-wick rejection; bullish divergence and a sequence of higher lows from June signal a turn.
● Break back above the mid-channel and a short bull flag point to a run toward the upper boundary/summer swing highs; invalidation below the last swing low and trendline.
💡 Fundamental Analysis
● Recent coverage highlights Sui’s fast-growing ecosystem and listings despite prior unlock risks; sentiment improved as builders/TVL expand and overhang fades.
✨ Summary
● Long SUI: buy pullbacks above trendline support; target the channel top / prior highs; watch the last swing low as a stop. Potential boosted by ecosystem growth noted in recent Yahoo/FxStreet reports.
-------------------
Share your opinion in the comments and support the idea with a like. Thanks for your support!
90% accuracy in telegram
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
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.
90% accuracy in telegram
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
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.