Here’s Why SUI At $3.61 Could Be the Calm Before A Parabolic Surge
The post Here’s Why SUI At $3.61 Could Be the Calm Before A Parabolic Surge appeared on BitcoinEthereumNews.com.
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. In a recent tweet, prominent crypto analyst Crypto Master 786 highlighted a promising setup for SUI, currently trading around $3.61. According to the analyst, the price is sitting comfortably within a key bullish re-accumulation zone, supported by both a Bullish Price Range (BPR) and a significant Order Block (OB). This positioning forms a textbook foundation for a potential continuation rally. With the chart aligning toward higher targets, Crypto Master 786 pointed to the 0.5 and 0.25 Fibonacci levels as key areas to watch for the next leg up. Technical Insights For An Upsurge Further breaking down his analysis, the analyst delved into several key technical insights that support a bullish outlook for SUI. Firstly, he pointed to a Market Structure Shift (CH) that occurred back in April, describing it as a critical “change of character” that marked the beginning of a bullish reversal. Related Reading He also applied Smart Money Concepts, noting that both the Order Block and Bullish Price Range zones are currently holding firm. This behavior, he explained, often reflects institutional accumulation, as “smart money” tends to load positions at strategic price levels before a major move unfolds. An impending 37% rally for SUI | Source: Crypto Master 786 on X Adding to the bullish case, he observed a Fibonacci Confluence, where the projected upward targets align neatly with the 0.5 and 0.25 Fibonacci levels, areas that also coincide with historical supply zones. Finally, his Volume Observation…
Filed under: News - @ May 29, 2025 8:26 pm