🔍 Analysis of SUI Coin: Are You Ready to Launch to New Levels?
The SUI coin has shown strong performance recently, currently trading around $3.81, with a daily high of $3.93 and a low of $3.61.
📊 Technical Analysis:
Main support level: $3.70, where the coin has shown a strong rebound from this level in the past few days.
Nearby resistance level: $3.85, which, if breached, could push the price towards $4.20 and then $4.80.
Technical indicators: Show positive signals with the formation of higher lows, indicating ongoing bullish momentum.
📈 Future Expectations:
In the short term, if SUI maintains trading above the support level at $3.70, we could see a rise towards $5.00 in the coming days.
In the long term, forecasts indicate the possibility of the price reaching $10.00 or more, especially with continued positive developments in the Sui network.
💡 Notes for Investors:
The Sui network shows significant growth in the adoption of decentralized applications, enhancing the fundamental value of the coin.
However, investors should carefully monitor support and resistance levels and use appropriate risk management strategies.
Do you think SUI is ready for a price jump soon? Share your opinion in the comments.