$SUI LOADING BREAKOUT
🧭 Chart Pattern & Technical Setup
Pattern: SUI has completed a bullish descending wedge breakout and is now testing the upper wedge boundary near $3.50 .
Support Zone: $3.30–$3.40 (aligned with 50‑day EMA and wedge trendline) .
Resistance Levels: $3.60 next, followed by $3.80–$4.00 for extended targets .
🎯 Trading Strategy
1. Breakout Setup
Entry: Buy on a daily close > $3.55 with volume confirmation.
Targets:
TP1: $3.75–$3.80
TP2: $4.20 (next Fib zone)
Stop-Loss: ~$3.40 (below wedge support)
2. Pullback Entry
Entry Zone: $3.35–$3.40 (wedge base + EMA support)
Same Targets, with SL around $3.30
⚖️ Disclaimer
This analysis is for informational purposes only, not financial advice. Always DYOR, apply risk management, and trade only what you can afford to lose. SUI remains volatile—strict stop-loss usage is essential.
