$SUI 4Hr Chart Analysis

$SUI has been grinding lower inside a well-defined falling wedge — a bullish reversal pattern when confirmed. After weeks of bleeding, this could be the setup bulls have been waiting for!

🔹️Price has been respecting the wedge structure since mid-May

🔹️Recent touch at the lower trendline near $2.80 sparked a small bounce

Resistance trendline now sits around $3.36 - $3.4

🔑 Key Levels to Watch:

Breakout confirmation: Above $3.360

Upside targets: $3.45 ➝ $3.70 ➝ $4.00 if volume supports

Invalidation: Break below $2.80 would weaken the setup

⚠️ Falling wedge = accumulation structure. If breakout happens, expect rapid price movement.

Momentum is shifting. Eyes on the wedge breakout for the next leg.