SUI/USDT Bullish Divergence on Daily Chart , Bullish Momentum ?? Hello Paradisers, spotlight on this token!
💎SUI is showcasing intriguing price actions, having recently swept a liquidity zone, hinting at a potential surge towards the nearby supply at the 0.57 mark. For a confirmed bullish trajectory, SUI needs to firmly establish itself above this level.
💎Adding to the bullish narrative is the Bullish Divergence observed on the Daily RSI. Such divergences in larger timeframes often indicate substantial accumulation, suggesting a potential robust upward push. The next target could be the resistance trendline where another supply zone awaits.
💎However, this bullish outlook might be negated if SUI breaches the previous low.