๐ SUI/USDT Analysis (Binance Spot)
๐ The token has been trading in a downward channel for a long time. However, it is currently trying to breakout from that channel.
๐ Possible target if breakout confirmed:
๐ข 44.34% upside movement
๐ฏ Target price: ~3.60 USDT
๐ง Analysis:
โ A strong channel breakout is expected based on previous support and resistance.
โ The trading volume is relatively low, so it is wise to take an entry after watching the confirmation candle to be sure.
๐ Support: $2.09
๐ Current price: $2.95
โ ๏ธ Note: This is not financial advice. Invest at your own risk.
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