🚨 $SUI — 5-MONTH ROUNDED BOTTOM READY TO BREAK OUT? 👀
SUI has spent months building a large rounded-bottom structure after falling toward $0.65.
Now price is testing the key neckline resistance zone:
🔑 Neckline: $1.18 – $1.35
🎯 Breakout confirmation: Above $1.35
🎯 Technical target: Around $1.83
❌ Invalidation: Below $1.18
Why I’m watching this closely:
• Price reclaimed the 200 EMA
• Trend structure is bullish
• Price is testing the neckline
• Money Flow is recovering from extreme levels
• The rounded-bottom structure remains intact
A clean breakout and hold above $1.35 could confirm the neckline break and open the door toward $1.83. 📈
Until then, $SUI is still fighting resistance. Don’t chase the breakout before confirmation.
$BTW
DYOR | NFA
SUI has spent months building a large rounded-bottom structure after falling toward $0.65.
Now price is testing the key neckline resistance zone:
🔑 Neckline: $1.18 – $1.35
🎯 Breakout confirmation: Above $1.35
🎯 Technical target: Around $1.83
❌ Invalidation: Below $1.18
Why I’m watching this closely:
• Price reclaimed the 200 EMA
• Trend structure is bullish
• Price is testing the neckline
• Money Flow is recovering from extreme levels
• The rounded-bottom structure remains intact
A clean breakout and hold above $1.35 could confirm the neckline break and open the door toward $1.83. 📈
Until then, $SUI is still fighting resistance. Don’t chase the breakout before confirmation.
$BTW
DYOR | NFA