SUI/USDT Technical Analysis in a 2-Day Timeframe

Aug 12

Hello everyone, I’m Cryptorphic.
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Now, let’s dive into this chart analysis:

SUI has shown a 140% gain from its lower support, breaking above the bearish channel. The price is now above the 35 EMA resistance, and it is likely to reach the upper resistance soon.

SUI has the potential to hit as high as $10 if the market favors the bulls.

- Accumulation: Any price range between $0.5 and CMP.
- Resistance: $2.4.
- Higher Targets: $8-$10.

DYOR, NFA.

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