📢 _$SUI rebounds strongly from the upward trend line!_
After the third major touch since June, the price rebounds from $3.35 and moves with momentum towards critical supply areas.
Current price: $3.5162 (+1.57%)
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📈 The technical structure indicates bullish continuation:
- The upward trend line is still intact
- Stoch RSI has reset and is pushing upwards
- Momentum is crossing with support = signs of optimism
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🎯 Target areas:
- 📍 First supply area: $3.95 – $4.10
- 📍 Second supply area: $4.40 – $4.65
- 📍 In case of a breakout: potential retest above $4.80+
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⚠️ Possible scenarios:
- Rejection at the first area = price cut or deception
- Break and retest = opening the door to new peaks
- As long as the trend line is not broken = bulls are in control
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📣 _The conclusion?_
The chart tells a simple story:
✅ The trend is still upward
✅ Momentum is increasing
✅ Bulls are leading the scene... until further notice
Do you see a continuation? Or a correction? Share your opinion 👇