SUIUSDC SPOTUpdated Not clear ascending wedge
If the price will touch the circled area i could bet in a price correction till the middle of the wedge. A little correction is expected in March by the token supply increase. In any case i don't expect a price reversal but eventually it will be evaluated again closer to the June token unlock.
Trade active
On 4H Timeframe:POC of at 1.5530 as possible target
Retest and breakdown ongoing
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.
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.