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Technical analysis by huecoshunter about Symbol SUI: Sell recommendation (9/16/2024)

https://sahmeto.com/message/2626029
huecoshunter
huecoshunter
Rank: 21093
1.4
Sell،Technical،huecoshunter

Ascending Wedge: It's bearish formation and there is ascending wedge in price for the last 3 months.Also $1.14 - $1.23 range working well as a resistance since May 2024. The price just touched there yesterday and getting rejection normally. Personally targetting $0.57 - $0.6 range for good support area because of these reasons for now.

Translated from: English
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Signal Type: Sell
Time Frame:
1 day
Price at Publish Time:
$1.03
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