SUI printed a strong V-recovery from $3.24, pushing into the $3.46–$3.50 zone which aligns with the 200 SMA. RSI has exploded to 66+, indicating strong bullish intent. This looks like the beginning of a trend reversal, but to confirm, bulls need to push and hold above $3.50 for continuation toward $3.62 and beyond.
🟢 LONG bias confirmed above $3.50 – bullish reclaim of structure.
⚠️ Otherwise, monitor for rejection and return to range support.
📊 Keywords: #SUIUSD #MomentumReversal #CryptoLongs #RSIPlay #TrendBreaker #VolatilitySetup
🟢 LONG bias confirmed above $3.50 – bullish reclaim of structure.
⚠️ Otherwise, monitor for rejection and return to range support.
📊 Keywords: #SUIUSD #MomentumReversal #CryptoLongs #RSIPlay #TrendBreaker #VolatilitySetup
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.