As can be seen on the chart, the pair is now engaged with the important resistance of the $1.2 area. If the pair crosses this important resistance area and stabilizes above this area, we expect it to move towards its next target at the price of $1.95. By examining the chart on the daily time frame, we can identify some important support and resistance areas for SUI, that the price can react to. These areas are:
First Support $0.7777 Second Support $0.4747 - $0.54 Resistance area at $1.21 (price is now involved) Target and resistance range located at $1.95
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