SUI appears to have entered its bullish phase slightly earlier than most other altcoins.
This move seems to be fueled by a number of key partnerships and contracts signed over the past six months — a fundamentally positive signal.
📊 However, based on the current chart structure,
entering at this level may not be the most attractive opportunity.
✅ While a short-term 20% upside could be possible,
it’s more prudent to wait for price to test its previous high,
and observe how investors react to that resistance zone.
Their behavior will offer clearer insight into whether a continuation or correction is likely.
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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.
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.