đđ€đSUI/USDT Chart Analysis
- Current Price: 1.0133 USDT
- 24h Volume: 206.55M USDT
- Price Movement:
- The recent green candlestick indicates an uptrend, with a +0.63% increase.
- High: 1.0174 USDT
- Low: 0.8875 USDT
- Percentage Changes:
- Today: -23%
- Last 7 Days: -9.31%
- Last 30 Days: -12.31%
- Last 180 Days: +47.50%
Technical Insights
1. Pattern Formation:
- SUI appears to be forming a large-scale pattern, with bearish and bullish waves.
- The first wave lasted 167 days, and the second wave lasted 189 days.
- Keep an eye on the diagonal trendline for potential bullish confirmation.
2. Potential Breakout:
- SUI recently broke out of its downtrend line, showing strength.
- Accumulate under $1.08 for potential gains.
- Targets: $1.4, $1.5, $1.7, $1.9, $2.07.
3. Cautionary Note:
- Be aware of a significant token unlock event for Series B and C investors on August 3rd.
- Monitor price action closely during this period.
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