This classic chart style can be sent this high price of SUI: The expert reveals the main level
There may be a shift in SUI short -term actions, and merchants began to note. Veteran analyst shared a chart that shows an interesting thing, a classic technical style that could hint into a reflection.
Ali pointed out that the Sui price scheme is a reverse and shoulder head. He added that if SUI managed to break the highest level of $ 2.52, it may indicate a short -term bullish reflection. This price point is now the person who is watching every person with the market approaching.
The reverse and shoulder pattern appears
The reverse head style and the shoulders are widely tracked among technical merchants for its historical connection with the upscale repercussions. The graph concerned shows three main ponds: a left shoulder consists of about 30 March, a deeper head on March 31, and the highest low level like the right shoulder between 1 and 2 April.
This structure is formed with the slowdown of the dumping momentum and the buyers begin to control. The neckline of the pattern, which connects the temporary rises between the pelvis, is about $ 2.52. According to the analysis, this level is immediate resistance. SUI PRICE is currently trading at $ 2.49, just less than the neckline, making the following few sessions a pivotal confirmation.
$ sui It shows a back and shoulder head style, which may indicate a bullish reflection in the short term if it exceeded $ 2.52! pic.twitter.com/xchxsee2xu
Ali (ali_charts) April 2, 2025
SUI main resistance and support levels
The resistance of $ 2.52 is the upper limits of the pattern. The ongoing step above this threshold will complete the composition and may lead to a size move to the upward trend. The expected target stands near the level of $ 2.84, based on the height of the neck line.
Support areas are also defined. The area provides between $ 2.30 and $ 2.35 in the short term at the right shoulder base. The step without this level would weaken the upward view. Additional support in the downside lies between $ 2.20 and $ 2.25, which corresponds to low head.
Also read: How high XLM Spike is in 2025? Predicting stars
SUI preparation in the short term on low time frames
The current style is determined on a 30 -minute scheme, indicating a short -term setting. While the composition remains valid, confirmation requires an outbreak supported by size. Without it, the risk of false outbreak is still a false outbreak.
Merchant monitoring The SUI price is likely to focus on the price movement around the neck line. It can attract collapse above $ 2.52, accompanied by size, more buyers and fuel momentum. If SUI fails to penetrate, the distinctive symbol may remain the level of range support or re -test.
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