SUIUSDT → Resistance breakout and entry into the buying zone

SUIUSDT is breaking out of its trading range and local consolidation upward. Consolidation above the mirror level could trigger a continuation of the rally to 4.4 - 5.0.



Bitcoin has been trading in the red since the start of Saturday's session, but is gradually recovering. At this time, the altcoin market is rallying, while the Bitcoin dominance index is updating its decline
As for SUI, the coin is in a bullish trend both locally and globally, but ahead lies the 4.45 barrier, which separates the price from a rally to ATH. The coin is breaking through a fairly strong resistance zone at 3.881. (A strong, mirror level, which currently acts as support).

Resistance levels: 3.959, 4.167
Support levels: 3.881, 3.715

Since the price has entered the buying zone, there is a possibility of a retest of the mirror level and the liquidity zone that has formed below the specified support. If the bulls hold their defense above 3.88 - 3.9, then in the short and medium term, the price could show good growth...

Best regards, R. Linda!