SUIUSDT market retraced to the support level before rebounding, having taken liquidity from below the psychological level of 2.00. This move was also accompanied by a fake breakout of the previous month's low, indicating a potential reversal in sentiment. On the daily timeframe, price is testing the November levels where we saw a surge. Looking left, we can see that the price has bounced off this support level twice before, highlighting it as an area of interest. I anticipate that the price will continue to rise from this area if sudden news doesn't drag it down. My goal is resistance zone around 2.40Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
Trade closed: target reached
+16% perfect move 😍
💰FREE FOREX signals in Telegram: bit.ly/3F4mrMi
🚀FREE CRYPTO signals in Telegram: t.me/cryptolingrid
🌎WebSite: lingrid.org
🚀FREE CRYPTO signals in Telegram: t.me/cryptolingrid
🌎WebSite: lingrid.org
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.
💰FREE FOREX signals in Telegram: bit.ly/3F4mrMi
🚀FREE CRYPTO signals in Telegram: t.me/cryptolingrid
🌎WebSite: lingrid.org
🚀FREE CRYPTO signals in Telegram: t.me/cryptolingrid
🌎WebSite: lingrid.org
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.