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๐ Analysis $SUI/USDT 3D
๐บ A symmetrical triangle is forming โ a consolidation zone before a strong movement.๐ฅ The recent attempt to break upward turned out to be false, and the price returned to the figure.
๐ Current price: $3.56๐ Resistance: $3.86 โ $4.00๐ Support: $3.27 โ $3.33โ๏ธ Price in Ichimoku cloud โ neutral zone.๐ MA(7/25/99) converging โ market narrowing.
๐ฎ Scenarios:
๐ข Bullish: Holding above $3.95 โ target $5.50 โ $6.00 ๐
๐ด Bearish: Break down to $3.27 โ return to $2.60 โ $2.30 โ ๏ธ
โณ SUI is approaching a point of tension in the triangle. A breakout from the range will lead to an impulsive move. Currently, it's an observation phase ๐
โ
๐ข We are monitoring the zone $3.95+