SUI has officially broken out of a multi-month symmetrical triangle on strong momentum. This structure has been building since early 2024 and now looks ready for continuation.
Key Notes:
Breakout confirmed above trendline resistance with strong volume.
Reversal signals on the 1D and 4H timeframes aligned before the move.
Pullback toward the breakout zone is possible before continuation.
Upside Fibonacci-Based Targets:
PT1: $5.32 (+27%)
PT2: $6.53 (+47%)
PT3: $7.60 (+75%)
If the breakout holds and momentum continues, these levels offer a solid roadmap for potential long-term gains. Watching how price reacts around the $4.30 resistance will be key.
Not Financial Advice – For educational purposes only.
Key Notes:
Breakout confirmed above trendline resistance with strong volume.
Reversal signals on the 1D and 4H timeframes aligned before the move.
Pullback toward the breakout zone is possible before continuation.
Upside Fibonacci-Based Targets:
PT1: $5.32 (+27%)
PT2: $6.53 (+47%)
PT3: $7.60 (+75%)
If the breakout holds and momentum continues, these levels offer a solid roadmap for potential long-term gains. Watching how price reacts around the $4.30 resistance will be key.
Not Financial Advice – For educational purposes only.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.