Is the upward trend of SUI continuing?
2024-09-18

As can be seen on the chart, the pair is now engaged with the important resistance of the $1.2 area. If the pair crosses this important resistance area and stabilizes above this area, we expect it to move towards its next target at the price of $1.95.
By examining the chart on the daily time frame, we can identify some important support and resistance areas for SUI, that the price can react to. These areas are:

 First Support  $0.7777 
Second Support  $0.4747 - $0.54 
Resistance area at  $1.21  (price is now involved)
Target and resistance range located at  $1.95 
 

Do you think this upward trend continues?