๐จ๐ฅ ALERT $SUI - ATTENTION TO NARROW RANGE! ๐ฅ๐จ
Guys, stop for a second and focus here ๐
$SUI is currently compressing in a narrow consolidation zone around 1.6025. The structure is mixed, but with a cautious bullish inclination ๐
๐ Checking moving averages:
Price is holding above MA 7h and MA 99h (approximately 1.600 / 1.596) โ
But still slightly below MA 25h (around 1.604)
๐ Key levels to watch:
๐น Bullish scenario (only with confirmation):
A confident breakout above 1.605 - 1.62 (resistance zone + MA 25h)
will open the way to 1.65 - 1.73, aiming for the previous high around 1.728 ๐
๐ Bearish scenario / support levels:
Nearest support: 1.595 โ 1.585 ๐น
Stronger swing support: 1.520 ๐
๐ง Market logic:
Volumes are average, impulses of buyers appear periodically ๐
To continue growing, a decisive breakout of MA 25h with continued movement is needed โก
๐ก Rule:
Let $SUI first confirm the direction - and only then we act ๐ก๏ธ
โ ๐ Subscribe and support
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