The SUI/USDT market recently retested the $4.00 resistance after an extended period of ranging and has since slipped toward the lower boundary of its ascending channel. The price is now approaching the $3.50 support zone, a critical area that may spark a bullish rebound and continuation of the current structure.
The trend remains defined by higher lows, with price action contained within the upward-sloping channel. A strong reaction near the blue trendline support could pave the way for a move toward the $4.50 resistance
The trend remains defined by higher lows, with price action contained within the upward-sloping channel. A strong reaction near the blue trendline support could pave the way for a move toward the $4.50 resistance
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Website - rtedinvesting.com/
Free Telegram Channel - t.me/rtedinvestingofficialfreechannel
Free Telegram Channel - t.me/rtedinvestingofficialfreechannel
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.