🔵 $SUI AT THE BIG TEST
$SUI is now fighting the 2 most important levels on the chart.
The last descending trendline.
And the 0.85 resistance.
This is the area that matters.
The first breakout from the smaller falling wedge already happened.
Now the market wants confirmation.
If $SUI breaks above that final trendline and reclaims 0.85, the structure starts looking much more bullish.
That would open the door for the next levels higher.
The zones I’m watching after that are around 1.10 and then 1.35.
But if price gets rejected here again, it means the market is still not ready and more consolidation could come first.
So in simple terms:
The move has started.
But the real confirmation is still ahead.
$SUI needs to break and hold 0.85.
Not financial advice. Do your own research.
$SUI is now fighting the 2 most important levels on the chart.
The last descending trendline.
And the 0.85 resistance.
This is the area that matters.
The first breakout from the smaller falling wedge already happened.
Now the market wants confirmation.
If $SUI breaks above that final trendline and reclaims 0.85, the structure starts looking much more bullish.
That would open the door for the next levels higher.
The zones I’m watching after that are around 1.10 and then 1.35.
But if price gets rejected here again, it means the market is still not ready and more consolidation could come first.
So in simple terms:
The move has started.
But the real confirmation is still ahead.
$SUI needs to break and hold 0.85.
Not financial advice. Do your own research.
