🔥Technical analysis of SUI🔥
Based on the chart, SUI has currently reached a resistance level considered to be strong medium-term resistance. If it truly breaks out through this resistance area, SUI will surge and move towards the next resistance level. The current volume of SUI has increased significantly as it breaks through the strong medium-term downtrend line. This is a strong pivotal point that has led many to increase their buying when a confirming candle appears.
🔥From the bottom, SUI has doubled in value. This is an extremely good point for those who caught the bottom then with an RSI of 23, and up to now, SUI has a maximum RSI of 88. This is an extremely high level. Currently, the price trend of SUI is very steep, as well as the volume is extremely large with a total volume of 2.94B USDT, indicating that the number of FOMO participants has not decreased.
👉Nevertheless, this is an extremely positive signal for the SUI community. I hope SUI will reach the $4 mark in the near future, so that the spirit of those holding SUI will be more comfortable in the coming times.
😘I love the SUI community.
