Simple Analysis of SUI/USDT Movement Based on the Chart
The chart shows that SUI is trading near a strong ascending trendline, which increases the likelihood of an upward bounce from this level.
Support and Resistance Levels:
Main Support: $1.8041, which serves as a key support area for a potential price rebound.
First Target: $2.2240, indicating a potential increase of 70%.
Higher Potential Target: $3.0683 if the uptrend continues.
The chart shows that SUI is trading near a strong ascending trendline, which increases the likelihood of an upward bounce from this level.
Support and Resistance Levels:
Main Support: $1.8041, which serves as a key support area for a potential price rebound.
First Target: $2.2240, indicating a potential increase of 70%.
Higher Potential Target: $3.0683 if the uptrend continues.
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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.