Sharing a setup on $SUI Coin – one of the more popular cryptos right now.
Thought this analysis might give someone a different perspective.
T/A Breakdown:
Price broke out of an ascending triangle and is now forming a rising wedge pattern – historically, this setup has about a 68% chance of breaking lower.
Key Zone:
Price is currently sitting at a critical level, where the odds favor a -10% to -25% retracement from here.