silosili
07/16 05:03
Technically, SUI has entered a crucial supply zone between $3.83 and $4.05—an area where past rallies stalled.
The daily RSI has reached 72.70, confirming that the asset now sits in overbought territory. In addition, price is trading near the upper Bollinger Band, which often acts as dynamic resistance.
These factors suggest the rally could temporarily cool down or consolidate. However, if bulls manage to flip this supply zone into support, further upside remains viable, with $4.80 as the next target on the Fibonacci map.
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