Sui (SUIUSD) Price Targets $2.00, Amidst Market Fluctuations

Sui (SUIUSD) Price Forecast: October 3

Today, the SUIUSD pair holds a recovery opportunity as price increases and targets $2.00 amidst market fluctuations. Based on the market structure, the crypto has reached bearish exhaustion and holds above the $1.80 level, registering potential growth. The coin price may likely continue with the high hike provided buyers don’t give up and increase their momentum pressure in the market. The coin might turn upside down further to a $2.00 upper high level, suggesting a potential buy for interested traders.

Key Levels:
Resistance Levels: $1.70, $1.80, $1.90
Support Levels: $0.50, $0.40, $0.30

Sui (USD) Long-term Trend: Bullish (Daily Chart)

The SUIUSD price targets $2.00, amidst market fluctuations as the crypto keeps rising towards the upper resistance, registering a bullish market in its long-term outlook.

The sustained bulls’ pressure on the currency pair at the $1.77 resistance level in the last session has enabled the crypto price to target a key resistance above the supply levels amidst market fluctuations in its recent price level.

After completing yesterday’s low of $1.656, an additional effort was added by the bulls as the Sui price targets the upper channel amidst market fluctuations and jumped to a $1.93 high mark above the EMA-50 as the daily chart opens today, indicating that buyers are actively buying the coin at this level.

Therefore, if the bulls should increase their tension in the market, the price of SUIUSD could target $2.00 amidst the recent market fluctuations, reclaiming more confirmation for a bullish recovery.

Consequently, the market is pointing upwards on the daily stochastic, quickening the emergence of more buyers to move the price of SUIUSD up to a significant level at the upside.

As a result, the price might target the $2.00 upper resistance level soon, registering a buy signal for the coin traders as the market price targets the upper resistance level amidst market fluctuations in its higher time frame.

Sui (USD) Medium-term Trend: Bullish (4H Chart)

The SUIUSD pair demonstrates a bullish pattern as it targets $2.00 amidst market fluctuations in its medium-term outlook. The price currently trades above the moving averages, affirming its bullish trend.

The increase in the momentum by the bulls to the $1.74 supply value during the previous action has enabled the Sui price to target a significant level amidst the market fluctuations and hold above the resistance lines in its recent high.

Today, the Sui price at the $1.93 supply level above the EMA-50 as the 4-hourly chart resumes targets the overhead resistance amidst the market fluctuations, affirming the presence of more buyers in the market.

Further, the crypto market may swing above the recent price level and target the overhead resistance if the bulls add more pressure to their buying motives.

In addition, the daily stochastic indicates an uptrend. If the bulls should add more aggression to their activities in the market, the SUIUSD price could target $2.00 amidst market fluctuations, signaling the potential for significant gains in its medium-term perspective.

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