$SUI
Breakout Alert! 🚀
has officially broken out of a multi-month symmetrical triangle with strong momentum! 🔥 This structure has been building since the beginning of 2024, and now it seems ready to continue its upward trend.
Key Notes:
- Breakout confirmed above trendline resistance with strong volume 📈
- Reversal signals on the 1D and 4H timeframes aligned before the move 🔄
- Potential for a pullback to the breakout zone before continuation ⚠️
- Fibonacci-based targets:
- PT1: $5.32 (+27%) 🚀
- PT2: $6.53 (+47%) 🔥
- PT3: $7.60 (+75%) 💥
If the breakout holds and momentum continues, these levels provide a solid roadmap for potential long-term gains. Observing how the price reacts around the resistance at $4.30 will be crucial. 🤔
*Disclaimer:* This is not financial advice – for educational purposes only. Always do your own research and consult with a financial advisor before making investment decisions. 💡 #Breakout #Crypto #TechnicalAnalysis