SUIUSDT has recently bounced from a key support level and is currently consolidating just below a resistance border. A breakout above this resistance line would likely confirm upside continuation, with the next target zone potentially coming into play.
The overall structure remains bullish as long as the price sustains above the support level.
However, from a broader market perspective, the crypto market is showing signs of weakness and negative sentiment, which could stall or delay a breakout attempt in the short term. Traders should monitor both the price action at resistance and the overall market tone for further confirmation.
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The overall structure remains bullish as long as the price sustains above the support level.
However, from a broader market perspective, the crypto market is showing signs of weakness and negative sentiment, which could stall or delay a breakout attempt in the short term. Traders should monitor both the price action at resistance and the overall market tone for further confirmation.
If You Like this idea if you any idea about this analysis shar in comments Thanks for Support.
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이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.