SUI Price To Break Above $4 Soon🚀🔥, Only If…
$SUI 🔥🔥🚀🚀🚀🚀
SUI coin price was showing strong signs of a potential breakout as it formed a symmetrical triangle pattern. Traders and analysts closely monitored the $3.00 to $3.20 key levels, as SUI consolidated with higher lows and lower highs.
The breakout could push the SUI price toward the $4.40 target, offering a possible upside of 26%.
SUI Coin Symmetrical Triangle Formation Built Momentum
On the 12-hour chart, SUI coin price traded inside a symmetrical triangle, suggesting a battle between buyers and sellers. The $3.00 level has acted as a strong psychological support after forming a double bottom. Conversely, the $3.20 resistance zone has repeatedly blocked upward movements.
A breakout from a symmetrical triangle pattern often leads to strong price movements. If the it could break above $3.20 with strong volume, it could have moved toward $4.40.
Volume confirmation was essential to validate any breakout, while a lack of volume could signal a potential false move.