Sui
Panjang

SUIUSD: Bullish breakout expected.

512
Sui is neutral on its 1D technical outlook (RSI = 55.334, MACD = 0.025, ADX = 19.421) as it remains inside a Cup pattern. The Fibonacci Channel that has been dictating the price action since October 2023, shows that this is the start of the Bullish Wave to the next HH. A similar Cup was what priced the bottom in October and when the price crossed above it, extended to the 2.0 Fibonacci extension. That is our target (TP = 2.800).



## If you like our free content follow our profile to get more daily ideas. ##

## Comments and likes are greatly appreciated. ##

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.