SUI - Strong upward momentum +300% Profit Target#SUI/USDT #Analysis
Description
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+ SUI had a strong reversal after hitting the trendline support, This strong reversal is showing overall healthy recovery for the SUI price.
+ i'm expecting this momentum to continue and hit the resistance trend line with the price target of $4
+ This is a weekly chart analysis, it will take few months to reach our target.
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VectorAlgo Trade Details
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Entry Price: 0.95
Stop Loss: 0.44
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Target 1: 1.2328
Target 2: 1.5592
Target 3: 2.1871
Target 4: 3.0679
Target 5: 4.0058
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Timeframe:1W
Capital Risk: 1-2% of trading amount
Leverage: 5-10x
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Enhance, Trade, Grow
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Best Regards,
VectorAlgo