$SUI (#SuiNetwork)
🔻 Current Situation: expect a breakout in either direction.
🔻 Priority Target: $1.2 is the initial goal. The situation will need reassessment after that level.
🔻 Trend Break Point: A reversal pattern will be confirmed with price holding above $1.2 after a retest. Ideally, the price shouldn’t fall below $1 afterward.
🔻 Support Levels: In case of a downside breakout, the nearest support is $0.5 - $0.56.
🔻 Fundamentals: Strong downward pressure due to token unlocks. Large FDV market cap, weak ecosystem. However, there’s positive news emerging around #Grayscale, #SuiPlay0x1, offline transactions, etc.
🟢 Green zone = buying opportunities. 🔴 Red zone = selling or profit-taking zones. Watch for setups and price action in these key areas.
🔻 Priority Target: $1.2 is the initial goal. The situation will need reassessment after that level.
🔻 Trend Break Point: A reversal pattern will be confirmed with price holding above $1.2 after a retest. Ideally, the price shouldn’t fall below $1 afterward.
🔻 Support Levels: In case of a downside breakout, the nearest support is $0.5 - $0.56.
🔻 Fundamentals: Strong downward pressure due to token unlocks. Large FDV market cap, weak ecosystem. However, there’s positive news emerging around #Grayscale, #SuiPlay0x1, offline transactions, etc.
🟢 Green zone = buying opportunities. 🔴 Red zone = selling or profit-taking zones. Watch for setups and price action in these key areas.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.