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Tracking_Technicals
Feb 14, 2024 8:55 PM

Sui Very Bullish Long

SUI / TetherKuCoin

Description

We were Squeezing back in November, We started having an outbreak in positive volume.
Once we crossed over the 50 period moving average we started a new trend. We had a golden cross and didn't have a pullback until Jan 15th where we started a correction and had a healthy touch on the .618 before continuing crushing the previous swing high finding it's way with some resistance around the 1.61 fib at 2.12
After 2.12 according to the fib extension we can look at price targets 3.20, 4.28, and 4.95 in the not so distant future.
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