#SUI๐ฅ Weekly Analysis
$SUI is showing a potential trend reversal after a deep retracement from its previous highs. Currently, the price is holding above a major support zone, which previously acted as resistance โ now flipping into support ๐ง
We can spot a falling wedge breakout pattern forming, which is typically bullish ๐
If momentum continues to build, here are the target levels to watch:
๐ฏ Target 1: $4.7961
๐ฏ Target 2: $6.1162
๐จ Key Zone: The support range around ~$2.20-$2.30 is critical. Holding this area increases the probability of a strong leg up!
$SUI is showing a potential trend reversal after a deep retracement from its previous highs. Currently, the price is holding above a major support zone, which previously acted as resistance โ now flipping into support ๐ง
We can spot a falling wedge breakout pattern forming, which is typically bullish ๐
If momentum continues to build, here are the target levels to watch:
๐ฏ Target 1: $4.7961
๐ฏ Target 2: $6.1162
๐จ Key Zone: The support range around ~$2.20-$2.30 is critical. Holding this area increases the probability of a strong leg up!