SUIUSDT price is very close to the local bottom, but the chart already shows a good bullish divergence and there is a chance to see it worked out. In case of reversal and change of local trend to green, I will consider opening a long position with the aim to see the growth to the first targetIn case of negative news the price may update the local bottom, in this case the target may be the 0.5 Fibonacci level. Very detailed description in the video
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Wish you successful trades ! mura
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✅My Telegram
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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.