SUI / TetherUS
Long
Aggiornato

#SUI/USDT – Bullish Triangle Breakout Confirmed | Resistance

561
#SUI

The price is moving within a descending channel on the hourly timeframe. It has reached the lower boundary and is heading towards a breakout, with a retest of the upper boundary expected.

The Relative Strength Index (RSI) is showing a downward trend, approaching the lower boundary, and an upward bounce is anticipated.

There is a key support zone in green at 1.02, and the price has bounced from this level several times. Another bounce is expected.

The indicator is showing a trend towards consolidation above the 100-period moving average, which we are approaching, supporting the upward move.

Entry Price: 1.045
First Target: 1.068
Second Target: 1.098
Third Target: 1.13

Stop Loss: Below the green support zone.

Remember this simple thing: Money management.

For any questions, please leave a comment.

Thank you.
Trade attivo
#SUI
First Target: 1.068 Reached
Second Target: 1.098 Reached
Trade chiuso: obiettivo raggiunto
#SUI
First Target: 1.068 Reached
Second Target: 1.098 Reached
Third Target: 1.13 Reached

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