As can be seen on the chart, the pair is now engaged with the important resistance of the $1.2 area. If the pair crosses this important resistance area and stabilizes above this area, we expect it to move towards its next target at the price of $1.95.
By examining the chart on the daily time frame, we can identify some important support and resistance areas for SUI, that the price can react to. These areas are:
Do you think this upward trend continues?
By examining the chart on the daily time frame, we can identify some important support and resistance areas for SUI, that the price can react to. These areas are:
First Support $0.7777
Second Support $0.4747 - $0.54
Resistance area at $1.21 (price is now involved)
Target and resistance range located at $1.95
Do you think this upward trend continues?
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