#SUI/USDT   Ready to go higher
2025-01-12
Category: None

#SUI

The price is moving in a descending channel on the 1-hour frame and sticking to it well

We have a bounce from the lower limit of the descending channel, this support is at 4.80

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

We have a trend to stabilize above the moving average 100

Entry price 4.85
First target 4.97
Second target 5.12
Third target 5.25

