Currency Analysis $SUI Current Price 1.638$
Strong Support:
1.47 – 1.50 Strong Support
1.30 (Critical Support in case of a drop)
Upcoming Targets:
First Target: 1.78
Second Target: 1.95 If the previous resistance is strongly broken
Trend Prediction:
There is a clear rebound from strong demand areas with buyers currently in control. Continuing to trade above 1.50 keeps the outlook positive for achieving the mentioned targets.
Advice:
Monitor liquidity closely at 1.50, any break of this area is considered a sell signal. Do not enter a large position and wait for confirmation of breaking 1.78 for further upward movement.
Optimal Strategy:
Enter from support areas with a stop loss below 1.47, and take partial profits at 1.78 with the remainder at 1.95.
SUI
1.5094
+2.89%