SUI/USDT Correction Over or Not? SUI Analysis Today

2023년 8월 29일

💎Paradisers, let's focus on SUI/USDT! Currently, it's navigating within a defined range, and we're forecasting an upward surge in the near future.

💎If the anticipated breakout unfolds successfully, expect it to ignite a rapid upward rally. However, keep a close eye on the demand zone, as there's a bullish Order Block (OB) situated just beneath it. If the price dips below the demand zone, it's likely to target the liquidity found at that bullish OB.

💎It's crucial to note that we've identified two confirmed order blocks in shorter timeframes. Given the existing liquidity, the price is poised to hit these levels.

💎In a previous cycle, demand morphed into supply, triggering a notable price decline and aiming for the earlier OB.

💎In the ever-evolving world of crypto, staying up-to-date and flexible is your key to success. Keep your charts updated and stay tuned for more insights. Happy trading!