MARKET UPDATE: $SUI
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SUI is currently trading below the resistance trendline of a falling wedge pattern and was recently rejected from this level. Despite the prior downtrend, the price is now gaining upward momentum, suggesting a potential breakout that could lead to a bullish move.
However, if SUI fails to hold its current level, it may resume its downtrend or retest the support trendline. Keep an eye on the next price movement for confirmation of the breakout or a possible reversal.
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