SUI READY FOR A MASSIVE MOVE?
SUI/USDT is showing intense price action on the daily chart. After hitting a low of 0.8197, the price has surged back to 0.9528, marking an 8.83% gain. The momentum is shifting, but the real test lies ahead.
The Setup
SUI has successfully climbed above the MA(7) at 0.8943 and the MA(25) at 0.9260. This indicates that buyers are back in control for the short term. However, the order book shows heavy resistance starting at 0.9530, where sellers are waiting to defend the zone.
The Target
If the current buying volume stays strong, the path is clear for a push toward the 1.0846 resistance level. Holding the 0.9260 support is crucial to maintain this upward trajectory. A break below this could lead back to the 0.85 demand zone.
Market Outlook
The current structure is Bullish for the short term. If momentum continues, we could see SUI testing the 1.08 range very soon.
#sui #crypto #trading #Binance #bullish
Disclaimer: This post is for educational purposes only and not financial advice. High volatility involves risk. Do your own research before trading.
