The SUI cryptocurrency is consolidating just below the upper Bollinger band after reaching a high of $3.5292. The price is confidently forming support above the middle band ($3.4932), with buyers defending key levels — this indicates that momentum is preparing for another upward breakout.
Market Analysis:
As long as the price remains above the middle band and maintains the formation of higher lows, the bulls remain in control. Watch for a candle close above $3.52 to confirm the continuation of the bullish trend in the short term.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
UI #КриптоТрейдинг #Gate #ПолосыБоллинджера #AltCoinsUnderObservation
The SUI cryptocurrency is consolidating just below the upper Bollinger band after reaching a high of $3.5292. The price is confidently forming support above the middle band ($3.4932), with buyers defending key levels — this indicates that momentum is preparing for another upward breakout.
Trading strategy ( 15-minute chart ): • Long position entry zone: $3.48 – $3.51 • Profit target 1: $3.53 • Profit target 2: $3.57 • Stop-loss: $3.46
Market Analysis: As long as the price remains above the middle band and maintains the formation of higher lows, the bulls remain in control. Watch for a candle close above $3.52 to confirm the continuation of the bullish trend in the short term.
Trade SUI on the Gate platform