Technical analysis by thecryptochart about Symbol SUI: Buy recommendation (12/16/2024)

SUI is forming a nice ascending triangle on the 4H chart. This is a high probability pattern. We set out stop at the previous low. RSI is stronger on the previous low meaning selling strength is weaker. STO has bottomed and we are at the support line of the triangle. It all points to a 32% no leverage gain in a short time period. Pattern: Ascending triangle. RSI. Only fell to 44 on previous low. STO: Is below 10 said ready to bounce up Volume: Green candles are dominating right now. Buy: 4.65 now Target 6.15 Stop loss 4.29