#SUIusdt 1d- Bull flag breakout has occurred with volume. Valid fib tp above the flag 3.52-3.92-4.35-8.46
chart analysis @lunyoner
A very clear and strong reversal formation has been completed on this weekly chart. A breakout has occurred with volume from the falling wedge structure. This indicates a complete change of trend. In the lower region, the bottom is confirmed, while above, there is a wide area open with Fibonacci targets. This chart shows that preparations are being made for a strong rally.
⸻
Targets and Prices
• Current price: 3.55 USDT
• Short-term targets:
• 3.52 USDT (0.618 fibo) [tested]
• 3.92 USDT (0.70 fibo)
• 4.35 USDT (0.786 fibo)
• Medium-term main target:
• 8.46 USDT (1.618 fibo, formation + trend target)
⸻
Support - Resistance Levels
• Supports:
• 2.75 – 2.95 USDT (main support area after the breakdown)
• 2.15 USDT (wedge upper band, has become major support)
• Resistances:
• 3.92 – 4.35 USDT (fibo resistance block)
• 5.38 USDT (previous high)
• 8.46 USDT (formation target)
⸻
Indicators
• RSI (1W): Has broken from neutral to positive area, approaching the 60 threshold. Bull confirmation is becoming clearer.
• Volume: Significant increase has been shown with the breakout. Buying pressure is high.
• MA/EMA: Price has passed above all averages. Trend direction upwards confirmed.
⸻
Formation and Structure of Transition
• Falling Wedge: Broken upwards and rise started without retest
• Weekly strong bull candle: Long body and closing above resistance
• Momentum and volume harmony: Clear structure suitable for bull conditions
⸻
4H - 1D - 1W Volume Status
• 4H: A short-term consolidation area may form
• 1D: Uptrend is clear and supported
• 1W: Since the main breakdown occurred on a weekly basis, the potential for medium to long term is very high
⸻
Trend Direction
• Long-term downtrend has ended
• A new bull trend has started
• Bottom confirmed - top targeted structure formed
⸻
Road Map
1. A weekly close has been obtained above 3.52
2. There may be selling pressure between 3.90 – 4.35 but if passed, an explosion occurs
3. If 5.38 breaks, the formation progresses to the full target (8.46 USDT)
4. Every pullback turns into a buying opportunity
⸻
Strategy and Investment Advice
• Buying area: between 3.00 – 3.40 (during pullbacks)
• Stop area: Weekly close below 2.15
• Targets: 3.90 – 4.35 – 5.38 – 8.46
This chart presents a clear bull structure with trend breakout + formation target + volume support. It is a structure where positions can be increased strategically, low risk but high potential. It may pave the way for one of the strong altcoin rallies of the year.
