Rally

Strong

Coin

<ul class="news-points"> 
 <li>SUI’s recent price correction to $1.31 found strong support, indicating potential for further gains.</li> 
 <li>The rounding bottom pattern in the SUI/USD pair suggests a possible breakout towards $2.00.</li> 
 <li>Strong RSI, MACD, and CMF indicators signal robust bullish momentum for the SUI market.</li> 
</ul> 
The Sui (SUI) cryptocurrency has been in an uptrend, capturing the attention of investors and traders alike. Despite stiff resistance at the $1.50 mark, the digital asset exhibits bullish, solid momentum, hinting at potential future gains. In the last 24 hours, however, the SUI has experienced a slight price correction, causing some uncertainty among investors.&nbsp; 
During the correction, the <a href="https://coinedition.com/sui-price-prediction/" target="_blank" rel="noreferrer noopener">SUI price</a> dipped to an intra-day low of $1.31, where support was found, leading to a bounce back toward the $1.40 level. This price action suggests that there is still strong buying interest in SUI, and investors may see this correction as a buying opportunity to enter or add to their positions. At press time, SUI was trading at $1.43, a 3.19% surge from the intra-day low. 
<figure class="wp-block-image">
 <img decoding="async" src="https://lh7-us.googleusercontent.com/vCP7kxXZNUB62B8DxI3e_zs3Qa8Yx_nApBv7dvmlFVff0TMdv_XSRaP2e4PATc_KYsaQoQ6tB0_CtNxPFo_1n-tV3Rwt4w1qJ9T2ftmR19kBZb5I2uvJKrGv1uOaifC7-d04tu_1zHirpqEqHbhqXXlRDHjASfRRy_ARmkNCtD8g1NoYjfQqfKU" alt="">
 <figcaption class="wp-element-caption">
 SUI/USD 24-hour price chart (source: <a href="https://coinstats.app/coins/sui/" target="_blank" rel="nofollow">CoinStats</a>)
 </figcaption>
</figure> 
However, m…
The post <a href="https://coinedition.com/sui-poised-to-breach-resistance-as-indicators-signal-rally/">SUI’s Rounding Bottom Signals Potential Breakout: Is a Rally Looming?</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

SUI’s Rounding Bottom Signals Potential Breakout: Is a Rally Looming?

Coin Edition

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