SUI ANALYSIS We did break out of the Falling Wedge on Daily | Ilyas64184089 on Binance Square

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SUI ANALYSIS
We did break out of the Falling Wedge on Daily Timeframe and managed to cross above EMA 50 + EMA 100 + EMA 200 + Key Zone.
$SUI 

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RPL analysis: The price is approaching the support area as the entire market declines. You can consider opening a long position at this support level. We might see a move toward the resistance area in the coming days. Support Area: $4.55-$4.90 Resistance Area: $6.85-$7.30 $RPL

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It's time for another breakdown, team! Today we are analyzing and picking up Sui Network ($SUI) 💰 to our spot portfolio! 🗣 Just a year ago, both the token and its blockchain was unknown to almost all traders. Since then, $SUI confidently broke into the top 10 of CoinMarketCap, and just recently fell out of it. I'm sure, it's not justified at all because the asset is very promising📈 Why do I see a good potential in $SUI❓ From a fundamental point of view, everything is obvious 👉 a new, well-designed blockchain that is very popular among memcoin creators ⚡ ➡ We can also see it in the chart of DEX trading volumes on Sui Network, which has shown a rapid growth in recent months! Let's move on to analyzing 🔎the chart, colleagues. The asset is in a prolonged correction📉, but on 1D is still in an uptrend! Locally, price came to the large Bullish Orderblock $3.12-$3.36, and there is already a considerable bounce received✅. This zone is our POI for openning longs and buying on $SUI👍 I will fix the position according to the growth, depending on the general sentiment on the market. But the main targets🎯 are resistance (supply) zones $3.638-$3.751, $3.889-$3.959 and $4.049-$4.299. At each area I plan to fix about a quarter of volume💰 #TradingTypes101

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Trump is doing it again. The U.S. president is making statements that are sending the market lower. He says China: TOTALLY VIOLATED ITS AGREEMENT WITH US 😁 Trump claims that he showed China mercy by being soft on them, but now he seems to be threatening to escalate the tariff war. Such statements from the president don't make Wall Street happy, with S&P 500 futures dumping 0.75% 🔽 $BTC #TradingTypes101

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Ethereum Name Service is consolidating within the ascending triangle after a breakout from the broadening wedge pattern on the daily timeframe. A break above the $22.50 resistance zone could target levels at $30.30, $36.00, and $46.00🎯 $ENS #CEXvsDEX101

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ATM retested the trendline and rejected it as expected. The price has dropped by more than 5.50% from our entry point. You can adjust your stop loss to the breakeven point and continue to hold the trade. We might see a test of the $1.14-$1.15 support area; let's observe how the price reacts there. A break below this support level will open the door for a potential decline to the $1.00 level. $ATM

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