SUI/USDT Technical Analysis, 154% Potential surge in few weeks.

12 wrz

SUI is showing strength as it approaches a critical resistance level. A confirmed breakout could push SUI into a price discovery phase, opening up the potential for significant gains.

Current Price: Around $1.02
Optimal Entry Zone: $0.75 to $1.00
Target: $2.58 (154% potential gain)
Resistance: A breakout above this level could unlock major upside potential
Lower Support: Strong support around $0.50

Two Potential Scenarios:

Scenario 1: A breakout and daily close above $1.10 will trigger a strong buy signal.
Scenario 2: A retest of the lower level between $0.75 to $0.95 offers an opportunity to accumulate.
Strategy:
To maximize gains while minimizing FOMO, consider buying 30% at the current price (CMP) and adding the remaining 70% if either of these scenarios plays out. This way, you’re positioned for profit regardless of the market's direction.

A breakout above this key resistance could see SUI reaching new highs.

This is a setup worth watching, especially for those looking to accumulate on retests.
Please keep it on your radar!

Not financial advice. DYOR!

Want more setups for spot and futures? Follow me and like this post!


Thank you


#PEACE

23 wrz

Zlecenie aktywne

#SUI Profit Update:

SUI is up 60% since our previous post. Scenario 1 played out well, and it is now targeting the resistance trendline at $2.6.

So far, it’s been a solid gain.

For more profitable updates, don’t forget to like, share, and follow.

Thanks!

#Crypto #SUI