🚀 Coin $SUI hits the bottom and starts its rebound journey!
Have we reached the turning point? 📉📈
After a continuous downtrend and correction wave, SUI has succeeded in a strong and rapid upward rebound, forming a notable green candle after touching the bottom at 0.7241 as the price is currently moving near the 0.7595 zones.
Most important technical indicators for the rebound:
Strong bottom and prior resistance: Buyers showing strength at the 0.7241 bottom and pushing the price upward in an attempt to change direction.
RSI indicator increase: The indicator rising to 44.9, suggesting the price is exiting the oversold zone and that upward momentum is beginning.
Positive KDJ indicator cross: The start of a rise in the sub-highs, providing an early signal for the beginning of a new upward wave.
#SUİ #Tardigrades #Crypto #Binance #BinanceSquareFamily
Have we reached the turning point? 📉📈
After a continuous downtrend and correction wave, SUI has succeeded in a strong and rapid upward rebound, forming a notable green candle after touching the bottom at 0.7241 as the price is currently moving near the 0.7595 zones.
Most important technical indicators for the rebound:
Strong bottom and prior resistance: Buyers showing strength at the 0.7241 bottom and pushing the price upward in an attempt to change direction.
RSI indicator increase: The indicator rising to 44.9, suggesting the price is exiting the oversold zone and that upward momentum is beginning.
Positive KDJ indicator cross: The start of a rise in the sub-highs, providing an early signal for the beginning of a new upward wave.
#SUİ #Tardigrades #Crypto #Binance #BinanceSquareFamily
