Is it time for the launch of #SUİ
In the latest price movement, the currency closed with a bullish engulfing candle near the 3.70 – 3.75 USDT area, which is a strong signal of buyers' dominance and the likelihood of continued positive momentum
Technical Analysis
Entry area between 3.75 – 3.85 USDT
Targets
First target 4.05 USDT
Second target 4.25 USDT
Third target 4.44 USDT
Stop loss below support at 3.62 USDT
Indicators
RSI indicator at 56 indicates moderate positive momentum
MACD indicator is approaching a bullish crossover
The price is moving near the middle of the Bollinger Band with an open range towards the upper limit
In your opinion, are we witnessing a breakout of the 4.05 level soon, or will the price return to test the 3.70 area again?