Technical analysis by MyCryptoParadise_Jack about Symbol SUI: Buy recommendation (12/2/2024)

Yello, Paradisers! #SUIUSDT is trading within a converging triangle pattern—a structure often signaling a continuation. Could the bulls be preparing to retake control?💎Currently, #SUI is entering a crucial zone of continuous supports. The price is re-testing the moderate support at $3.15, with a more robust support region lying between $3.05 and $3.00. This range is reinforced by the ascending trendline and the 200-Day Moving Average, making it a likely area for a strong reaction.💎However, the bulls must capitalize on this support zone by sustaining their momentum. A successful bounce here could drive the price towards the initial resistance at $3.50, where it meets the descending resistance line. This level is a pivotal breakout point for SUI/USDT, and overcoming it would signal a bullish resurgence.💎A breakout above $3.50 would propel SUI back toward the recent highs of $3.80–$4.00. This is where major targets likely to conclude and a strong profit-taking is expected.Patience and discipline are key here, Paradisers. Be focused as opportunities abound for those who wait for the right moment!MyCryptoParadiseiFeel the success🌴Another win! #SUI up 22.16%, as forecasted!