Hello Traders 🐺
These days, everyone is talking about SUI—a U.S.-based cryptocurrency that’s showing serious potential to become one of the top gainers in the upcoming Altcoin Season. Let me break it down for you 👇
📈 Chart Analysis
On the chart, we can clearly see a Double Bottom formation, which led to a breakout and a rally to a new ATH at $5.62. After reaching that level, SUI pulled back to retest the previous resistance—which has now flipped into support. ✅
📉 What Now?
Currently, SUI is trading inside a falling wedge pattern, which in my opinion has great potential to act as a bull flag. Depending on how we interpret the pattern, price targets can vary—but don’t worry, I’ve simplified it for you:
🎯 Price Targets
1️⃣ First Target → Top of the falling wedge at $5.62 (ATH)
2️⃣ Second Target → Around $16 🚀
Make sure to take partial profits along the way and manage your risk properly.
Thanks for reading my idea—I hope you found it helpful! 🙌 Don’t forget to like and follow for more updates and support. And always remember:
🐺 Discipline is rarely enjoyable, but almost always profitable 🐺
🐺 KIU_COIN 🐺
These days, everyone is talking about SUI—a U.S.-based cryptocurrency that’s showing serious potential to become one of the top gainers in the upcoming Altcoin Season. Let me break it down for you 👇
📈 Chart Analysis
On the chart, we can clearly see a Double Bottom formation, which led to a breakout and a rally to a new ATH at $5.62. After reaching that level, SUI pulled back to retest the previous resistance—which has now flipped into support. ✅
📉 What Now?
Currently, SUI is trading inside a falling wedge pattern, which in my opinion has great potential to act as a bull flag. Depending on how we interpret the pattern, price targets can vary—but don’t worry, I’ve simplified it for you:
🎯 Price Targets
1️⃣ First Target → Top of the falling wedge at $5.62 (ATH)
2️⃣ Second Target → Around $16 🚀
Make sure to take partial profits along the way and manage your risk properly.
Thanks for reading my idea—I hope you found it helpful! 🙌 Don’t forget to like and follow for more updates and support. And always remember:
🐺 Discipline is rarely enjoyable, but almost always profitable 🐺
🐺 KIU_COIN 🐺
_____________________________________
🐺 Discipline is rarely enjoyable ,
But almost always profitable 🐺
TElEGRAM CHANNEL : t.me/KIU_COIN
_____________________________________
🐺 Discipline is rarely enjoyable ,
But almost always profitable 🐺
TElEGRAM CHANNEL : t.me/KIU_COIN
_____________________________________
Related publications
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.
_____________________________________
🐺 Discipline is rarely enjoyable ,
But almost always profitable 🐺
TElEGRAM CHANNEL : t.me/KIU_COIN
_____________________________________
🐺 Discipline is rarely enjoyable ,
But almost always profitable 🐺
TElEGRAM CHANNEL : t.me/KIU_COIN
_____________________________________
Related publications
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.