#SUI Double Bottom Formation – Trend Reversal Ahead?
SUI is showing a double bottom pattern on the daily chart, aligning with a trendline breakout. The key support level to watch is $3—if it holds, we could see a 10% to 30% rally in the coming sessions.
💡 Technical Analysis:
📉 Downtrend Broken – Price has successfully broken the descending trendline.
🔄 Double Bottom – A potential bullish reversal structure is forming.
📊 Key Support – Holding $3 could confirm further upside.
Traders should monitor daily closing levels for confirmation. A rejection could lead to a retest of lower support zones near $2.35 – $2.18, while a breakout above recent highs could accelerate the bullish move.
What’s your strategy for SUI? Are you bullish or still waiting for confirmation? Let’s discuss in the comments!
#CryptoTrading #TechnicalAnalysis #altcoins #Binance #DIP__AND__PICK
