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taiminhnguyen

@taiminhnguyen

SUI The price is moving in a descending channel on the 1-hour timeframe and is expected to break out and continue upwards. We have a trend to stabilize above the 100-period moving average again. We have a downtrend on the RSI indicator, which supports an upward move if it breaks above it. We have a key support zone in green that pushed the price higher at 1.292. Entry price: 1.325 First target: 1.372 Second target: 1.427 Third target: 1.497 For risk management, don't forget your stop-loss and money management. The stop-loss is below the support zone in green. Upon reaching the first target, take some profit and then change your stop-loss order to an entry order. For any questions, please comment. Thank you.
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