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SUI

SUI Cryptocurrency Set for Breakthrough After Downtrend

Sui (SUI) is on the rise? Analyst Ted Pilow predicts a potential breakthrough in price movement! However, keep an eye on resistance at the $3.50 level. The cryptocurrency has been in a downtrend since May but is now forming a bullish pattern. Closing the daily candle above $3.50 could trigger a rally to new highs! 🚀 Initial targets are set at $4.00 for an immediate 23% profit. If the rally continues, Pilow forecasts reaching a new all-time high at $5.21, indicating a potential 61% increase! But remember, past results do not guarantee future performance. SUI has still lost 17% over the last month, and investors should exercise caution. Stay tuned for updates on the cryptocurrency!
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AI Analysis

The forecast for Sui (SUI) suggests a significant turnaround following a prolonged downtrend since May. The formation of a bullish pattern indicates market sentiment could be shifting, especially if t...

AI Recommendation

Investors should watch the critical resistance level of $3.50. A confirmed close above this level could serve as a buy signal, targeting the $4.00 level initially. Setting stop-loss orders slightly be...

Disclaimer

The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

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