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