What do we do with #SUI? Do we sell, buy, or wait some more? 👇
After months of a downward trend, #SUI has broken the pattern of lower highs and lower lows.
The first higher high was confirmed by the breakout at 2.66$ and the rapid rally.
Very good performance in the last week, over 78%!
The current momentum seems fueled both technically (clear breakout) and fundamentally (news about the partnership with Pokémon).
💥 A new BOMB partnership seems to be coming after next week's event #SuiBasecamp.
Maybe we'll also see some news about the console; I'm eagerly waiting for it :)
🎯 Conclusion:
$SUI has entered a clear bullish phase on the daily. As long as it stays above 2.66$, the trend remains favorable for continuation.
Logical target if the hype continues: 4.00$ or even higher! 🚀
Personally, I will wait until the evening before or a few hours before the event and will probably sell about 75% (I hope for around $4) of what I bought for speculation at 2.4$, and with the remaining 25% I am waiting for 5$ or I will sell even below 4$ if it corrects.
I have held #SUI since the IDO, but that is for the long term and I won’t touch it; I have a different profit target there.
What price do you see for #SUI in full bull? Write in the comments below 👇