I'm starting to turn bullish on quite a few charts.
That said, the next 1-2 weeks will likely determine whether this market is ready for a meaningful reversal or just another fakeout.
$SUI is one chart that stands out.
The weekly timeframe is showing a strong bullish divergence, which often signals that momentum is shifting and a trend reversal could be approaching.
If the market follows through with a green 1-2 weeks, I think $SUI has a solid chance of pushing toward the $1.40 to $1.50 range as its first major target.
For now, price action over the coming weeks is the key.
That said, the next 1-2 weeks will likely determine whether this market is ready for a meaningful reversal or just another fakeout.
$SUI is one chart that stands out.
The weekly timeframe is showing a strong bullish divergence, which often signals that momentum is shifting and a trend reversal could be approaching.
If the market follows through with a green 1-2 weeks, I think $SUI has a solid chance of pushing toward the $1.40 to $1.50 range as its first major target.
For now, price action over the coming weeks is the key.