💥 SUI: Bearish Pattern "Head and Shoulders" Almost Formed
The SUI coin is nearing the completion of the formation of the bearish Head and Shoulders pattern, which may signal a potential price decline.
Pattern Data:
Local Maximum: 4.1811
Current Price: 3.7549
Local Minimum: 3.6000
24-Hour Data:
Current Price: 3.7549
Maximum: 3.8946
Minimum: 3.7103
⚠️ Analysis:
The pattern is not fully formed yet, so a decline is not guaranteed.
Possible Short-Term Targets:
🎯TP1: 3.60
🎯TP2: 3.55
Potential Targets Based on the Pattern (upon full confirmation):
🎯TP3: 3.40
🎯TP4: 3.30
📉 Watch the support level of 3.6000 — breaking it may activate a decline.