SUI / TetherUS
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#SUI/USDT

183
#SUI

The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading for a strong breakout and retest.

We are experiencing a rebound from the lower boundary of the descending channel, which is support at 3.40.
We are experiencing a downtrend on the RSI indicator, which is about to break and retest, supporting the upward trend.

We are looking for stability above the 100 Moving Average.

Entry price: 3.70
First target: 3.81
Second target: 3.91
Third target: 4.09

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