SUI is still trending downward as its price continues to be rejected at the VWAP.
On the daily timeframe, we can expect the price to retest its daily demand zone around $1.70 and $1.60.
We are looking to enter a long position at this level, targeting the equilibrium around $2.80 to $3 (to break through resistance, or "break the ice").
If we encounter any rejection at that level, we’ll then look to short, targeting $0.80.
This thesis would be invalidated by a clean reclaim of $2.50.
On the daily timeframe, we can expect the price to retest its daily demand zone around $1.70 and $1.60.
We are looking to enter a long position at this level, targeting the equilibrium around $2.80 to $3 (to break through resistance, or "break the ice").
If we encounter any rejection at that level, we’ll then look to short, targeting $0.80.
This thesis would be invalidated by a clean reclaim of $2.50.
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Lightning-fast execution — 100% free!
Trade like a Pro via Tealstreet ⚡️
tealstreet.io/
linktr.ee/tealstreet.io
Content in partnership with:
linktr.ee/mooncakexbt
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
Advanced Crypto Trading Terminal
Lightning-fast execution — 100% free!
Trade like a Pro via Tealstreet ⚡️
tealstreet.io/
linktr.ee/tealstreet.io
Content in partnership with:
linktr.ee/mooncakexbt
Lightning-fast execution — 100% free!
Trade like a Pro via Tealstreet ⚡️
tealstreet.io/
linktr.ee/tealstreet.io
Content in partnership with:
linktr.ee/mooncakexbt
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.