KEY POINTS:
- SUI/USDT previously formed a consolidation pattern with structured higher lows.
- This setup led to a strong breakout rally, resulting in a 118% price increase.
- The current price action is showing a very similar consolidation and breakout structure.
- A projected move could mirror the previous breakout, targeting a similar 118% gain.
- Key resistance levels overhead could act as major targets if the pattern plays out.
- Although history appears to be repeating, no two market cycles are exactly the same — caution is advised.
Traders should closely monitor for confirmation signs and always apply proper risk management.