FIMSAcademy
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Market Analysis for SUI (USDT)SUI has recently created an all-time high (ATH) but has since faced significant selling pressure. The FIMS Trend indicator has shifted to a neutral stance, reflecting indecision in the market. Additionally, the price has shown several rejections with wicks forming beneath key levels, indicating bearish momentum.The lower zones, marked by Fair Value Gaps (FVG) and Order Blocks, present attractive areas for potential liquidity grabs or support retests. A key target for the price is the range between $3.2 and $3.4, where a test is expected before any potential reversal or continuation of the bullish trend.Traders should monitor these levels closely, as they could provide pivotal points for price action in the coming sessions.
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Any content and materials included in Sahmeto's website and official communication channels are a compilation of personal opinions and analyses and are not binding. They do not constitute any recommendation for buying, selling, entering or exiting the stock market and cryptocurrency market. Also, all news and analyses included in the website and channels are merely republished information from official and unofficial domestic and foreign sources, and it is obvious that users of the said content are responsible for following up and ensuring the authenticity and accuracy of the materials. Therefore, while disclaiming responsibility, it is declared that the responsibility for any decision-making, action, and potential profit and loss in the capital market and cryptocurrency market lies with the trader.