Total Quality
Score
If You Had Traded on This Analysis…
Fail
SUIUSDT
Long Entry 1.4518 2025-12-16 01:41 UTC
Target 1.6073 Fail 1.3553 In 3 Days
Risk/Reward 1 : 2
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Final PnL
-6.65%
P/L:
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SUIUSDT
Fail
Cryptocurrency
Technical
1H
Analysis Predict Bear Market
The market is currently under pressure, with the price action suggesting a potential for a further downward move. While the analysis highlights the possibility of a triple zigzag pattern, the immediate focus is on the established trend. The key resistance levels to watch for a potential shift in trend are around 1.96, 1.75, and 1.72. The current price is being observed for a potential bounce from the micro support levels around 1.44, 1.39, and 1.36, which are crucial for validating the ongoing bearish sentiment. A break above 1.52 would be needed to consider any bullish reversal scenario.
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