#SUI/USDT
2024-10-16

#SUI

The price is moving in a descending channel on the 1-hour frame

And it is sticking to it well

We have a bounce from the lower limit of the descending channel and we are now touching this support at a price of 1.95

We have a downtrend on the RSI indicator that is about to be broken, which supports the rise

We have a trend to stabilize above the moving average 100

Entry price 2.03
First target 2.13
Second target 2.23
Third target 2.35