CandleFocus SUI Channel Breakout Targets Above $4 for New All-Time High
2024-11-27
Author: Content Editor
The SUI token is showing signs of a potential breakout, with the possibility of reaching a new all-time high above $4. Despite the overall pullback in the crypto market, some altcoins, like SUI, are heating up. The SUI price has been following a falling channel pattern but is now showing positive momentum and approaching the resistance trendline. Technical indicators, such as the RSI and the 100-EMA line, suggest a potential buy opportunity for SUI. If the breakout occurs, the immediate price target is $3.75, with further targets at $3.89, $4.19, and $4.58. However, if the breakout fails, the price could drop to $3.14 and $3.00.
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