💰 #SUI meets my scenario

The currency is developing growth and at its peak showed more than +20% 🔼. However, we are now seeing a localized drop.

There are only two reasons why the growth stopped:

The first is the bearish divergence in the RSI 🐻. In the price chart, we see ascending highs, while in the indicator, the highs are descending.

The second is the breakout of the level around ~$3.65 🪙. This mirror level is key. Now the price needs to consolidate above it, which is very likely to occur through a 'retest'.

Overall, the global bullish movement has only temporarily halted. It is most likely to continue ☝️.

#SUI🔥 #sui #TrendingTopic #TradingCommunity #TradingSignals $SUI