Coin $SUI just broke out of the range! 💥💥
Post
أيموناتشي - AYMONACCI
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Will crypto $SUI break through the ascending channel?
The chart shown in #SUIUSDT on the 30-minute timeframe indicates some interesting positive movement; the coin is trading within a clear Ascending Channel, reflecting recent buyer optimism. Here's the technical read on the current scene:
Price action: The price is currently at $0.7525, maintaining its bullish structure above the lower trendline of the channel, which is a strong technical signal for continued positive momentum.
Pivot Point (PP): Located at $0.7280, this is the critical zone that gives buyers the edge. As long as the price stays above it, the overall bias remains bullish.
Target resistance levels: If the momentum continues to break through the upper channel, the technical targets are set at $0.7580 (currently close), then $0.7993, leading up to the main target at $0.8440.
Protective support levels: The protective zones at $0.7010 and $0.6618 remain the key defense lines that shield the structure of the ascending channel from any sudden pullbacks.
In your opinion, do we see SUI successfully holding within the ascending channel and breaking resistance at $0.7580 towards new highs, or are we facing a profit-taking station before the next leg up? 🧐
#SUI #Crypto #Aymonacci #العملات_الرقمية
The chart shown in #SUIUSDT on the 30-minute timeframe indicates some interesting positive movement; the coin is trading within a clear Ascending Channel, reflecting recent buyer optimism. Here's the technical read on the current scene:
Price action: The price is currently at $0.7525, maintaining its bullish structure above the lower trendline of the channel, which is a strong technical signal for continued positive momentum.
Pivot Point (PP): Located at $0.7280, this is the critical zone that gives buyers the edge. As long as the price stays above it, the overall bias remains bullish.
Target resistance levels: If the momentum continues to break through the upper channel, the technical targets are set at $0.7580 (currently close), then $0.7993, leading up to the main target at $0.8440.
Protective support levels: The protective zones at $0.7010 and $0.6618 remain the key defense lines that shield the structure of the ascending channel from any sudden pullbacks.
In your opinion, do we see SUI successfully holding within the ascending channel and breaking resistance at $0.7580 towards new highs, or are we facing a profit-taking station before the next leg up? 🧐
#SUI #Crypto #Aymonacci #العملات_الرقمية