$SUI
SUI
1.4134
-1.35%
Masha Allah 💯
How beautiful it is when we focus on a currency, follow it, care for it, and pay attention to all its details and influences. We enter into fiery trades and earn, thank God 🤍
Update #SUIUSDT
The SUI/USDT pair forms a descending triangle pattern, which is typically a bearish pattern, as the price records lower highs while maintaining a strong support area between $1.85 and $2.00.
This support has been tested several times, indicating buying interest, but the ongoing bearish pressure from the trendline suggests seller dominance.
The price is now approaching the top of the triangle, indicating a potential breakout or breakdown soon.
A breakout of the trendline with strong trading volume could shift momentum to an upward direction, while a drop below the support area may trigger a continuation of the bearish trend towards the $1.50 area.
$SUI
{spot}(SUIUSDT)
The SUI/USDT pair forms a descending triangle pattern, which is typically a bearish pattern, as the price records lower highs while maintaining a strong support area between $1.85 and $2.00.
This support has been tested several times, indicating buying interest, but the ongoing bearish pressure from the trendline suggests seller dominance.
The price is now approaching the top of the triangle, indicating a potential breakout or breakdown soon.
A breakout of the trendline with strong trading volume could shift momentum to an upward direction, while a drop below the support area may trigger a continuation of the bearish trend towards the $1.50 area.
$SUI
{spot}(SUIUSDT)
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