#SUI/USDT

#SUI

The price is moving within a descending channel on the 1-hour frame and is expected to break and continue upward.

We have a trend to stabilize above the 100 moving average once again.

We have a downtrend on the RSI indicator that supports the upward move with a breakout.

We have a support area at the lower limit of the channel at 3.82, which acts as strong support from which the price can rebound.

Entry price: 3.90
First target: 4.10
Second target: 4.32
Third target: 4.52