$SUI , in the case of positive news, it is likely to break the descending wedge. The price must overcome the 200 EMA (1D) and rise above $3. The next target is $3.48–$3.55, where consolidation may occur. In the case of a breakout of the 50 EMA (1D), a path opens to $4–$4.25, followed by consolidation up to $4.60–$4.75. However, this is possible only with a positive news background.
This is not trading advice. Think for yourself, trade wisely, and earn!