Lingrid | SUIUSDT continues to CONSOLIDATE after SURGE

5 нояб.

The price perfectly fulfills my last idea. It hit the target level. SUIUSDT is currently consolidating around the round number of 2.00. It may continue moving sideways, particularly after the recent fake breakout of the all-time high level formed in March. If you zoom out, you can see that the price action is forming a triangle pattern. I believe there is a possibility that the price may retest the 1.50 support level, which would be a healthy pullback that could lead toa new higher highs. Given that the market is moving sideways, I expect it to retest the recent support level from the psychological level at 2.00. My goal is support zone around 1.7450

Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻