Let’s dive into the 1H chart for SUI/USDT.
Sui is riding a solid rising channel, showing strong bullish momentum!
Price has climbed from $2.25 since 22 April and is now at $3.59, with potential extention to the channel’s resistance at $4.00.
Key support holds at $3.00, with an intermediate level at $3.50.
If we break above $4.00, we could see a big move higher. But if rejected, expect a pullback toward $3.50 or $3.00.
Keep an eye on volume and price action at this resistance!
Sui is riding a solid rising channel, showing strong bullish momentum!
Price has climbed from $2.25 since 22 April and is now at $3.59, with potential extention to the channel’s resistance at $4.00.
Key support holds at $3.00, with an intermediate level at $3.50.
If we break above $4.00, we could see a big move higher. But if rejected, expect a pullback toward $3.50 or $3.00.
Keep an eye on volume and price action at this resistance!
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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.
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.