SUI price, an increase of 5.16 % inside the day: the upholial structure is still strong

SUI has increased by 5.16 % over the past 24 hours, as it wore strongly from modern levels. Although this step has now faced technical resistance, the wider market structure remains decisively optimistic.

Sui (butThe price procedures recorded a prominent profit of 5.16 % in the past 24 hours, which reflects the renewed interest and momentum of Jupiter. While the short -term gathering has approached the level of local resistance, the total market structure remains firmly optimistic. The current price procedure is part of a wider monotheism in a higher order than time, as bulls maintain control despite the possible withdrawal during the day.

Main technical points

• Local resistance at $ 3.88: SUI is close to the level of re -imitation 0.618 Fibonacci, which is in line with the mid -channel point and currently operates as a resistance.
• Al -Souq Al -Souk Al -Saudi: The total trend is still optimistic with a higher rise and is still the highest level on total timeline.
• Main support at $ 3.33: A possible withdrawal can lead to a re -test of $ 3.33, as multiple meetings are suggested including VWAP and 0.618 Vibonacci a strong purchase area.

The last SUI move to the $ 3.88 resistance area, which corresponds to the 0.618 Fibonacci level and the middle of the emerging price channel, led to a short -term unification and a possible possible decline. However, this resistance is temporary in the context of the prevailing upward trend.

The next key to watching is support at $ 3.33. This region represents a decrease in the canal and corresponds to many technical capacities, including VWAP and 0.618 Fibonacci second level. The transition to this field is likely to be a higher decrease, indicating a continuation of up and maintaining the macro structure.

More importantly, this scenario is not seen as a reflection or direction. Instead, the potential withdrawal will reset the momentum before paying another towards higher levels, especially the main resistance near $ 4.65.

What can be expected in the next basic procedure

If SUI fails to penetrate the current resistance at $ 3.88, there is likely to be a short -term decline towards the support level of $ 3.33. However, this will be considered a healthy correction within a broader bullish direction. As long as $ 333 holds, the total structure remains intact, and the bulls may target about $ 4.65 in the short term.