SUI Price Forecast: SUIUSD Continues to Climb with Bullish Pattern

SUI Price Forecast: February 19

The SUI price forecast suggests that the market will continue to rise, especially as the price forms a double-bottom bullish reversal pattern.

SUI Long-Term Trend: Ranging (Daily Chart)
Key Levels

Resistance Levels: $4.3000, $3.9660, $3.5990
Support Levels: $3.2845, $2.3854, $1.7630
The bulls in the SUIUSD market are gaining strength as they attempt to recover from the price drop that occurred in late January. The coin has already broken through a critical level at $3.2845, and further upward movement is anticipated as the price forms a bullish reversal pattern—a double bottom. This could support a price surge toward $4.3000.

SUI Price Forecast: SUIUSD Outlook

The $3.2845 key level remains crucial as the bulls attempt to take control of the market. Although bearish momentum weakened at this level, the price still briefly slipped to $2.3854.

However, there was an immediate bullish response, with buyers pushing the price back up and stabilizing above the $3.2845 level.

The Momentum Indicator has shifted from negative to positive as buying pressure increases. The EFI (Elder’s Force Index), though fluctuating, remains above equilibrium, favoring the buyers.

SUI Medium-Term Trend: Bullish (4-Hour Chart)

Significant progress is evident on the 4-hour timeframe, with buyers making steady gains. Having risen above the $3.2845 key level, the market is now targeting a breakout above the double-bottom neckline at $3.5990 for further upside movement.
The Momentum Indicator has spiked sharply from negative to positive, signaling strong bullish momentum. Similarly, the EFI has risen above the zero level, shifting market power in favor of buyers. With bulls gaining more ground, further upward movement can be expected, aligning with positive crypto signals.

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