Picture of the author

Sonia1234

02/06 07:55

SUI Technical Analysis and Upcoming Levels The s

SUI Technical Analysis and Upcoming Levels

The strong interest and confidence in SUI have emerged due to its bullish price action. According to expert technical analysis, SUI has formed a bullish cup and handle pattern and is poised for a breakout.

Based on historical price momentum, if the asset breaches the neckline of this bullish pattern and closes a four-hour candle above the $3.80 level, there is a strong possibility it could soar by 30% to reach the $5 level in the coming days.

However, mild resistance exists at the $4.20 level, where the 200 Exponential Moving Average (EMA) on the four-hour timeframe is forming, which could pose a hurdle to SUI’s upside rally.SUIUSD_2025-02-05_00-30-06-1-768x336.png

#Grab $100,000 Surprise Gifts#Tariffs Crash Crypto#Share Screenshots of Your 2024 Year-In-Review#Santa Claus Rally#The Federal Reserve announced a rate cut
2Compartir

Todos los comentarios0Lo más recientePopular

avatar
Lo más recientePopular