#SUI has formed a descending wedge between $3.10 and $3.35, with a recent breakout above the upper trendline accompanied by increased volume, indicating signs of a bullish takeover.

Bullish Range: $3.35 – $3.55

Support Below: $3.35 (wedge upper trendline / previous high pullback)

Resistance Above: $3.55 (previous high with dense trading)

Targets

🎯 $3.65 (near the high point on 4/29)

🎯 $3.80 (the highest point in the range since 3/26)

Key

📈 As long as it closes above $3.35, bullish momentum continues.

🔁 A pullback to $3.35–$3.40 that finds support can be a good buying opportunity.

❌ If it falls below $3.30 (wedge lower trendline / previous low), exit with a stop loss.

✅ It is recommended to go long on SUI, with targets of $3.65/$3.80 and a stop loss set at $3.30.