$SUI / USDT Technical Analysis
2024-12-17
Category: None

CRYPTOCAP:SUI  / USDT Technical Analysis 📈

#SUI / USDT is trading within an upward ascending channel, maintaining its bullish structure. Key targets for this rally are :

$5.7110: Initial target based on channel midpoint.
$6.8002: Secondary resistance aligning with Fibonacci projections.
$7.7398: Final target at the upper channel boundary, signaling a 

73.48% upside.

The current price of $4.7905 indicates continuation potential, with a stop-loss recommendation below $3.8959 to manage risk effectively. A break and hold above the current resistance zone could trigger further bullish momentum toward the outlined targets. 🚀