$SUI DUMP WILL RECOVER???
MY ANALYSIS
#UniswapA16zSeekDeFiExemptionFromIllinoisCryptoTax
Target 1: $0.9566
Target 2: $0.9969
Confirmation: increased volume and a successful retest
Breakdown below $0.8828
A confirmed 4H close below support could indicate renewed selling.
Target 1: $0.8523
Target 2: $0.8240
Confirmation: bearish candle and increasing selling volume
$0.9231: Bullish breakout trigger
$0.8828: Important support
$0.9566: Next major upside target
$0.8240: Potential downside target if support breaks
Green candles indicate buyers are attempting a recovery.
A shooting star near resistance can indicate sellers are rejecting higher prices.
A strong bullish engulfing candle with high volume would improve the reversal outlook.
A bearish engulfing candle near resistance would strengthen the downside scenario.
MY ANALYSIS
#UniswapA16zSeekDeFiExemptionFromIllinoisCryptoTax
Target 1: $0.9566
Target 2: $0.9969
Confirmation: increased volume and a successful retest
Breakdown below $0.8828
A confirmed 4H close below support could indicate renewed selling.
Target 1: $0.8523
Target 2: $0.8240
Confirmation: bearish candle and increasing selling volume
$0.9231: Bullish breakout trigger
$0.8828: Important support
$0.9566: Next major upside target
$0.8240: Potential downside target if support breaks
Green candles indicate buyers are attempting a recovery.
A shooting star near resistance can indicate sellers are rejecting higher prices.
A strong bullish engulfing candle with high volume would improve the reversal outlook.
A bearish engulfing candle near resistance would strengthen the downside scenario.
