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Vestinda
Dec 7, 2023 10:04 PM

SUI / USDT 4h Price Analysis Long

SUI / TetherUSBinance

Description

Checking out BINANCE:SUIUSDT, it seems like it's gearing up for a positive move. The triangle shape on the chart hints at a potential breakout. We're keeping an eye on it, especially if it clears the 0.69 resistance – that could signal a lift to around 0.84.

To play it safe, we've got a support range at 0.64-0.61 to catch any dips. And just in case things don't go our way, we've set a stop-loss at 0.57 to minimize potential losses.



So, in a nutshell, we're feeling good about the momentum, hoping for a breakout, but being cautious with our support and stop-loss levels.

Here's to a profitable move!
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