#sui $SUI This chart is for the SUI/USDT trading pair on a 1-day timeframe from Binance, published on TradingView. Here’s a breakdown of the analysis shown:
Current Price: ~$3.8759
2. Trend Line (Red): Indicates a rising trend, supporting bullish momentum.
3. Buy Side Liquidity Zone: Marked at around $5.4098, suggesting this is a potential price target or area of liquidity where large buy orders may reside.
4. Support Zones (Pink Boxes):
Around $3.20 and $3.00
Stronger demand zone around $2.00 to $2.20