SUI/USDT Technical Analysis in a 2-Day Timeframe

7月24日Hello everyone, I’m Cryptorphic.
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Now, let’s dive into this chart analysis:

The current technical setup on SUI indicates a bullish trend with a potential target of $2.50. A breakout above the 35 EMA is likely to confirm a bullish trend on #SUI.

The price is currently holding the support trendline at $0.663, and it must continue to hold to maintain the rally.

Key levels:

- Support/Entry: $0.578 to $0.663.
- Primary Resistance: 35 EMA at $0.916.
- Target: $2.5 (270%).
- Invalidation Point: A close below $5.784.

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