SUI Market Cap Analysis with Fibonacci Levels and Price Predict

https://www.tradingview.com/x/E66NhbNi/

Description:
📈 Market Cap Overview

Current Market Cap: $14.49B
Fibonacci Levels indicate potential price movements with strong support and resistance levels.
📊 Key Analysis:

Fibonacci Levels:

0.236: $2.73B
0.382: $4.24B
0.5: $6.26B
0.618: $9.25B
0.786: $16.1B
1.0: $32.64B (Major Resistance)
Channel Trend:

Strong upward channel trend signals a bullish continuation.
Price is moving within the channel with momentum targeting higher levels.
Price Projection at $32.64B:

Circulating Supply: 3,009,569,341.53 SUI
Calculated Price: ~ $10.85 - $12 USD
📌 Trading Strategy:

Watch for key support levels at $9.25B (0.618) and $6.26B (0.5).
Look for a breakout beyond $32.64B, targeting Fibonacci Extension at 1.618 ($251.26B).
Use volume analysis to confirm upward momentum.
💡 Conclusion:

SUI shows strong bullish potential within the channel.
Investors should monitor Fibonacci levels for potential entry/exit points.
💬 Share your thoughts in the comments below! Let's discuss your strategy for SUI! 🚀

Tags:
#SUI #Fibonacci #MarketCap #CryptoAnalysis #BullishTrend #PricePrediction #TradingView