$SUI
🔹 $SUI
The term price breakout for altcoins refers to a pivotal moment when prices move out of their sideways range towards a strong upward wave. This movement often follows a period of calm or accumulation and is accompanied by a noticeable increase in trading volume, indicating the entry of major players into the market.
📈 The most prominent signs of a bullish breakout:
Breaking historical resistances
Moving averages crossover
Chart patterns such as cup and handle or ascending triangle
✅ If the breakout is confirmed, traders may achieve quick and substantial profits, making this opportunity valuable for those who can seize it.
⚠️ However, caution is required. Not all breakouts are genuine — some may be deceptive, so proper technical analysis and risk management are critical factors for success.
📚 Sources: Binance Academy | Investopedia | Cointelegraph