#TradeAlert : $SUI
Looking at the big picture, I predict that SUI’s target in this bull cycle is $100. Yes, I know this is a crazy number that is hard to believe, but technically it seems like the target.
In the shorter term, I think the bulls will hold control until the price level of $4.3918, and then find support between $2.4583 - $3.0618 with profit taking that will come later.
According to the analysis method I use, technical analysis shows, events that will support it will happen later. I don’t know why SUI is looking so strong technically right now, but we will understand why in time.
Since I have clearly given the path the price will follow, I will not give entry, stop loss and take profit price levels, which will vary depending on your trading period, spot or margin account usage, and leverage you will use. For example, I plan to buy in the spot market at support levels to increase the weight of SUI in my portfolio.
Good luck!