Price reacted from the 1.8200 dollar support and entered a short-term correction but remains within the main descending channel. The bearish momentum is still dominant, and unless a candle closes above 2.2900 dollar, the price may retest lower zones near 1.5400 dollar. Fibonacci levels define the key horizontal supports and resistances in this setup.
SUIUSDT
SUIUSDT
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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.