📈 #SUI/USDT ANALYSIS
SUI has broken out of a symmetrical triangle and is currently 🔄 testing the breakout level from above, which is a key moment for further movement.
☁️ Ichimoku Cloud confirms bullish momentum — the market is on the buyers' side! 🐂
📌 If the retest is successful, it will confirm the breakout and open the way for a new rally 🚀
❗️ But in case of failure — the price may return inside the figure and go into consolidation or correction.
👁 We are watching the retest and volumes — the decision is close!
🔗 Sui — a scalable next-generation blockchain!
Sui is a layer 1 (L1) blockchain based on the DPoS (Delegated Proof-of-Stake) consensus mechanism and developed in the innovative Move language, designed to ensure security, flexibility, and speed. ⚙️🚀
💠 Its native token $SUI serves:
💸 A means of paying transaction fees
🛡 Staking for validators
🗳 A tool for participating in network governance