The price has broken above the resistance area and is currently trading above it. We might see a retest of this level, and if the price can hold within this zone, we could anticipate a move upward. You can open a long position once the price retests the area.
SUI has tested the support area and bounced back from it. The price is gradually moving upward, and we may see a continuation of this upward trend. The downtrend line acts as a resistance area, and breaking above it could bolster the market's strength. It's advisable to use a stop loss just below the support area. $SUI #sui