$SUI maintains a neutral-to-bullish outlook as price retests its descending channel breakout zone. Daily price structure continues holding important exponential moving averages, while growing open interest suggests increasing market participation. However, November token unlocks could introduce additional volatility and circulating supply pressure. Traders should monitor whether the previous breakout structure remains intact before considering continuation.
đ Bias: Neutral to Bullish | đŻ Entry: Near the retest of the channel upper boundary | đĄ Support: Historical order block | đ§ Resistance: Previous weekly swing high | đŻ Targets: Immediate minor resistance / Major structural peak / Price discovery targets | â Invalidation: Re-entry deep inside the old channel
Strategy: Look for a confirmed breakout retest and continued support above the previous channel boundary.
#SUI #SuiNetwork #CryptoTrading #Altcoins #BinanceSquare
đ Bias: Neutral to Bullish | đŻ Entry: Near the retest of the channel upper boundary | đĄ Support: Historical order block | đ§ Resistance: Previous weekly swing high | đŻ Targets: Immediate minor resistance / Major structural peak / Price discovery targets | â Invalidation: Re-entry deep inside the old channel
Strategy: Look for a confirmed breakout retest and continued support above the previous channel boundary.
#SUI #SuiNetwork #CryptoTrading #Altcoins #BinanceSquare
