💎 SUI has recently showcased noteworthy market dynamics, encountering rejection at the resistance all-time high (ATH) level, resulting in a downward movement towards the demand area.
💎 Currently, SUI is exhibiting signs of a potential bounce from the demand area, indicating a possible upward trajectory. If this bounce proves valid, SUI may resume its upward movement and revisit the resistance ATH.
💎 However, if SUI breaks below the demand area, it could signify a bearish trend continuation, leading to further downward movement towards the support area around 0.98.
💎 The support area holds significant importance, as a bounce from this level is crucial for SUI's potential continuation of the upward movement.
💎 Failure to bounce and a subsequent breakdown below the support would further strengthen the bearish momentum, potentially resulting in continued downward movement for SUI.
💎 Currently, SUI is exhibiting signs of a potential bounce from the demand area, indicating a possible upward trajectory. If this bounce proves valid, SUI may resume its upward movement and revisit the resistance ATH.
💎 However, if SUI breaks below the demand area, it could signify a bearish trend continuation, leading to further downward movement towards the support area around 0.98.
💎 The support area holds significant importance, as a bounce from this level is crucial for SUI's potential continuation of the upward movement.
💎 Failure to bounce and a subsequent breakdown below the support would further strengthen the bearish momentum, potentially resulting in continued downward movement for SUI.
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Want to trade like a PRO without the 15+ year learning curve?
🫳Steal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
✅🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
🫳Steal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
✅🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.