$SUI has officially broken its symmetric triangle after several weeks, confirming a change in the structure of the bullish market.
The previous resistance has now become support, strengthening the probability of continuation.
As long as the price remains above the breakout zone:
Target 1: $0.9135
Target 2: $1.0628 (+40%)
Invalidation: 6H close below $0.7359
This breakout could mark the start of a new impulsive leg. Watch for sustained volume to confirm continuation.
The previous resistance has now become support, strengthening the probability of continuation.
As long as the price remains above the breakout zone:
Target 1: $0.9135
Target 2: $1.0628 (+40%)
Invalidation: 6H close below $0.7359
This breakout could mark the start of a new impulsive leg. Watch for sustained volume to confirm continuation.
