๐ SUI Daily Timeframe Update
A week ago, SUI broke out above its resistance trendline, soaring to $4.30 ๐. Right now, it's retesting the support zone between $3.30 โ $3.60 ๐.
๐ Whatโs next?
If the support holds, we could see a strong rebound ๐ข โ aiming for the all-time high of $5.35, or even higher ๐ฏ.
โ ๏ธ Bearish Scenario:
A breakdown below the support zone on higher timeframes could shift the trend ๐ป.
๐ Stay cautious and trade safely! ๐ก๏ธ๐น
A week ago, SUI broke out above its resistance trendline, soaring to $4.30 ๐. Right now, it's retesting the support zone between $3.30 โ $3.60 ๐.
๐ Whatโs next?
If the support holds, we could see a strong rebound ๐ข โ aiming for the all-time high of $5.35, or even higher ๐ฏ.
โ ๏ธ Bearish Scenario:
A breakdown below the support zone on higher timeframes could shift the trend ๐ป.
๐ Stay cautious and trade safely! ๐ก๏ธ๐น
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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.