SUIUSDT.1DHello dear friends,
*Mars Signals Team wishes you high profits*
This is a one day time frame analysis for SUIUSDT.1D
We are in the daily time frame. As you can see, the price above our four-hour support zone is fluctuating and moving towards our first resistance line.
There are two scenarios that we will review together.
First scenario: we expect the price to reach its first resistance line, and if the momentum stabilizes above the resistance line, we can expect the price to fall to its first support zone, and if the first support zone does not support the price, to the second support line. start moving
Second scenario: if the price can stabilize above its second resistance line, we can expect to climb up to the next resistance zone.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Take care