1D CHART of SUI on USDT market pair. indicates a potential trend reversal following a prolonged downtrend within a descending parallel channel. The price has consistently formed lower highs and lower lows, indicating strong bearish momentum. However, a recent breakout from the channel suggests a possible shift towards bullish price action.
A critical support zone around $2.00 has shown significance, as buyers have stepped in to defend this level, preventing further declines.
This breakout signals a potential trend change, with the price now targeting key resistance levels at $2.9357, $3.5131, and $4.2060. In an extended bullish scenario, the price could reach as high as $4.7538.
A critical support zone around $2.00 has shown significance, as buyers have stepped in to defend this level, preventing further declines.
This breakout signals a potential trend change, with the price now targeting key resistance levels at $2.9357, $3.5131, and $4.2060. In an extended bullish scenario, the price could reach as high as $4.7538.
Trade attivo
Retesting support zone after breakoutNota
Target 1 hit for Nota
Target 2 hit for Nota
Target 3 hit for Declinazione di responsabilità
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Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
