1-hour timeframe. After a prolonged decline, SUI has begun to correct. A distinct resistance level has formed, which has been tested several times. A liquidity pool and a disrupted price balance have formed above this level.
A bullish pattern with rising highs is observed, which may indicate a possible end to the downtrend. Accumulation is expected to form near this level.
In the event of acceleration, an impulsive breakout is possible. Targets for closing positions are set at 0.7853, 0.7874, and 0.7920.
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