SUI Market Cap Analysis with Fibonacci Levels and Price Predict
Description:
๐ Market Cap Overview
Current Market Cap: $14.49B
Fibonacci Levels indicate potential price movements with strong support and resistance levels.
๐ Key Analysis:
Fibonacci Levels:
0.236: $2.73B
0.382: $4.24B
0.5: $6.26B
0.618: $9.25B
0.786: $16.1B
1.0: $32.64B (Major Resistance)
Channel Trend:
Strong upward channel trend signals a bullish continuation.
Price is moving within the channel with momentum targeting higher levels.
Price Projection at $32.64B:
Circulating Supply: 3,009,569,341.53 SUI
Calculated Price: ~ $10.85 - $12 USD
๐ Trading Strategy:
Watch for key support levels at $9.25B (0.618) and $6.26B (0.5).
Look for a breakout beyond $32.64B, targeting Fibonacci Extension at 1.618 ($251.26B).
Use volume analysis to confirm upward momentum.
๐ก Conclusion:
SUI shows strong bullish potential within the channel.
Investors should monitor Fibonacci levels for potential entry/exit points.
๐ฌ Share your thoughts in the comments below! Let's discuss your strategy for SUI! ๐
Tags:
#SUI #Fibonacci #MarketCap #CryptoAnalysis #BullishTrend #PricePrediction #TradingView