Sui (sui) prediction of prices for 5 February

After a sharp fall, the sui (sui) recovered significantly and is ready for a massive increase due to its bull -based action on a four -hour time frame. Data show that after witnessing a price drop of over 38%, Altcoin increased more than 55%, reclaiming all losses.

64% sui traders on binans go for a long time

Following this significant price recovery, it seems that the feelings of the SUI have been moved, as traders are strongly betting on the long side within the day.

According to an analytics company on the chain CoinglingBinance SuiiDT long/short ratio is 1.80, indicating strong bull feelings among merchants. This ratio means that for every 1.80 long positions traders have one short position.

However, the data further reveals that 64% of the best sui traders on binans are currently holding long positions, while 36% hold short positions.

Growing interest of whales and investors

In addition to retailers, long -term owners also show strong interest and confidence in Token, as exchanges around the world have witnessed out of over $ 45 million Sui tokens in the last 48 hours.

This significant outflow suggests potential buildup during the market recovery, which could create pressure from buying and triggering extra momentum, as seen in Sui today.

Sui currently traded close to $ 3.76 and in the past 24 hours has experienced an increase in prices of over 6%. However, during the same period, its trading volume decreased by 53%, indicating lower participation of investors and traders compared to the previous day.

Sui technical analysis and upcoming levels

This strong interest and confidence in Sui appeared because of their price action. According to a professional technical analysis, Sui formed a bull’s cup and a processing pattern and is ready to break through.

Based on the historical momentum of prices, if the property violates the neckline of this bull’s pattern and closed a four -hour candle above $ 3.80 level, there is a high possibility that it can increase by 30% in the coming days to reach a level of $ 5.

However, a mild resistance exists at a level of $ 4,20, where 200 exponential moving average (EMA) is formed in a four -hour time frame, which could be an obstacle to the sufferecy.