$SUI
— Is this 5-month rounded bottom finally ready to break out? 🔥
SUI has spent the past five months forming a large rounded-bottom structure after falling toward $0.65.
Now, price is testing the most important part of the setup:
📍 Neckline resistance: $1.18–$1.35
The context is becoming increasingly bullish:
• Price has reclaimed the 200 EMA
• 2Sydes Trend: BULLISH
• Price has entered the neckline resistance zone
• Money Flow is recovering from an extreme
• The rounded-bottom structure remains intact
A clean breakout above $1.35 could confirm the neckline breakout and potentially open the way toward the larger technical target around $1.83. 🚀
Until then, SUI is still battling resistance.
⚠️ Invalidation: A move below $1.18 would weaken this setup.
#SUI 🔥 #Crypto
Follow for more.
See what others miss. Trade with intelligence. 🧠📈
— Is this 5-month rounded bottom finally ready to break out? 🔥
SUI has spent the past five months forming a large rounded-bottom structure after falling toward $0.65.
Now, price is testing the most important part of the setup:
📍 Neckline resistance: $1.18–$1.35
The context is becoming increasingly bullish:
• Price has reclaimed the 200 EMA
• 2Sydes Trend: BULLISH
• Price has entered the neckline resistance zone
• Money Flow is recovering from an extreme
• The rounded-bottom structure remains intact
A clean breakout above $1.35 could confirm the neckline breakout and potentially open the way toward the larger technical target around $1.83. 🚀
Until then, SUI is still battling resistance.
⚠️ Invalidation: A move below $1.18 would weaken this setup.
#SUI 🔥 #Crypto
Follow for more.
See what others miss. Trade with intelligence. 🧠📈
