$SUI
SUI demonstrates a confident recovery after consolidation. Current support has formed around $3.92โ3.96, and key resistance is at $4.10. A breakout and close above it could trigger a new growth impulse.
๐งญ What technical analysis says:
โ Price is holding above the 50-day moving average
โ Breakout of diagonal resistance is complete
โ A reversal pattern 'double bottom' is forming
โ Indicators (RSI, MACD, CMF) indicate the strength of the bulls
๐ก Example: The recent breakout at $4 was accompanied by an increase in volume, confirming interest in the asset. However, the $4.10 zone remains an obstacle โ its breakout will open the way to $4.30โ4.50.
๐ฏ Target levels:
โ Nearest target: $4.30
โ Medium-term: $4.75โ5.00
โ Long-term: $6โ10 (in a bull market)
โ ๏ธ Risks:
โ A drop below $3.90 may negate the bullish scenario
โ RSI is close to overbought โ a correction is possible
๐ Conclusion:
SUI has technical grounds for growth. The main thing is to close above $4.10. As long as the momentum is maintained, one can work with the trend while controlling risks.$SUI
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