💣 Is SUI deceiving us? The greed of traders could turn into a disaster! 😱📈
🔍 Quick Technical Analysis:
The SUI coin is moving within a symmetrical triangle on the daily frame, with a significant approach to a potential price explosion point 🔺💥
On the 4-hour frame, we see an ascending triangle preparing for a breakout, provided that the resistance is confirmed 🔼
📌 Supports and Resistances:
🟢 Strong Support: $3.60 – $3.70
🔴 Critical Resistance: $4.00 – $4.30
🎯 Potential Targets: $5.00 – $5.36 in case of a breakout
📊 Technical Signals:
⚡️MACD, RSI, and MFI = all indicate increasing buying momentum 🚀
⚡️Return of whales after unlocking tokens = strong moral and technical support 🐳📈
📅 Upcoming Predictions:
📍 Short-term: Fluctuation between $3.70 and $4.00
📍 Medium-term: Breaking the resistance = potential rise towards $5.36
⚠️ In case of failure: Breaking $3.60 = drop towards $3.00
💭 Question for Analysts:
Will we see a breakout that opens the doors to profits?
Or is the market preparing for a new greed trap? 😈👇
Share your opinion!
