🔵 $SUI — Bullish "W" pattern on the chart!
The SUI coin has formed a strong bullish "W" pattern, which is traditionally considered a signal for a possible upward reversal and the beginning of a strong impulse.
📊 Current price: $3.7796
📉 Local minimum of the pattern: $3.2663
📈 Local maximum of the pattern: $3.8089
⚡️ The price is already close to breaking the key resistance level — $3.8089. If it is overcome with volume, this could open the way for a new upward movement.
🎯 Potential targets:
– First target: $4.10
– Second target: $4.40
– Third target: $4.85+ if the momentum is maintained
🛡 Support: $3.55 and $3.26
📌 Risk/reward in favor of bulls, especially if it holds above $3.81
We are watching for a breakout and confirmation — with a confirmed upward exit, a long scenario can be considered.
