🚨 Technical Analysis for $SUI | 4H Timeframe
🔹 Current Price: 0.7850$ 📈 (+1.22% over 24h)
– Moving in a neutral horizontal range without a clear direction, reflecting volatility and anticipation among traders.
– The price is fluctuating between support and resistance zones without a clear confirmation of the trend yet.
– The 0.7383$ – 0.7201$ area represents a key support/demand zone.
– Trading above the 50 level at 59.98, which supports the continuation of positive momentum.
🔼 Positive Scenario (Upside):
In case of stability and a breakout above 0.8133$
🎯 0.8347$ – 0.8721$ – 0.9135$
🔽 Negative Scenario (Downside):
In case of a break below 0.7638$ with a 4-hour close
❌ 0.7383$ – 0.7201$ – 0.7092$
📌 Note: A break of either key level will determine the next direction.
⚠️ Disclaimer: This analysis is for educational purposes only and does not constitute financial advice.
For exclusive crypto news and the rest of the markets, follow us
@AR_cryptonews
🔹 Current Price: 0.7850$ 📈 (+1.22% over 24h)
– Moving in a neutral horizontal range without a clear direction, reflecting volatility and anticipation among traders.
– The price is fluctuating between support and resistance zones without a clear confirmation of the trend yet.
– The 0.7383$ – 0.7201$ area represents a key support/demand zone.
– Trading above the 50 level at 59.98, which supports the continuation of positive momentum.
🔼 Positive Scenario (Upside):
In case of stability and a breakout above 0.8133$
🎯 0.8347$ – 0.8721$ – 0.9135$
🔽 Negative Scenario (Downside):
In case of a break below 0.7638$ with a 4-hour close
❌ 0.7383$ – 0.7201$ – 0.7092$
📌 Note: A break of either key level will determine the next direction.
⚠️ Disclaimer: This analysis is for educational purposes only and does not constitute financial advice.
For exclusive crypto news and the rest of the markets, follow us
@AR_cryptonews