In my last post I showed a short opportunity on SUI where we shorted $1.12 with target of between $0.90 - $1.00 followed by an immediately longing the bottom for a reversal.
We closed that trade and longed @ $0.89 preparing for this next move of $1.70 long that was already confirmed and still active.
Our Entry was $0.89, but Updating this now on the way to...
Very important range (0.950 - 1.01) $
If the daily candle closes below 0.950, there is a good chance we will see a range of $(0.6147 - 0.5523).
If we find support in the current range (0.950 - 1.01) $ and then break the downtrend line and the daily candle closes above it, we can consider targets at $1.4 and then $2.14. Finally, we can consider a long-term target...
NYSE:SUI update...
#Sui had a great vibe in January... What goes up quick, must correct somewhere... In parallel, 66,13 mln. tokens will be unlocked next Saturday...
Waiting for confirmations first... Patience...
@SuiNetwork
#suinetwork
More dump are on the way for BINANCE:SUIUSDT . Selling and exit points are evident on the chart.
"Daily crypto market analyses I provide are personal opinions & not financial advice. Trading carries risks, so do your own research & seek advisor's help."
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