CandleFocus SUI About To Break ATH Again – Can Bulls Target $4.20 This Week?
2024-12-05
Author: Content Editor
The cryptocurrency SUI is trading at crucial supply levels, leading to speculation about its next move. Despite reaching a new all-time high, there are concerns about whether this breakout is genuine or a fakeout. Analyst Carl Runefelt predicts a bullish breakout for SUI, with a potential rally towards $4.20. The coming days are crucial as traders monitor resistance levels. If SUI can break and hold above its previous all-time high, it could solidify its position as a promising asset. The broader market environment, including Bitcoin's rally, adds confidence to the bullish outlook. However, failure to break key resistance levels could result in consolidation or a deeper pullback.
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