Mohammadhu wasik
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$SUI UPDATE
SUI 4H chart shows a breakout from a descending triangle, supported by a bullish retest of the breakout trendline aligning with a key demand zone around $3.65–$3.75. The prior breakout yielded a 26% rally, and the current structure mirrors this setup, projecting a potential move toward the $4.90 level (26.25% upside).
Volume confirmation on the breakout and a strong close above $4.10 would solidify bullish momentum. A sustained hold above the trendline is crucial to invalidate any bearish trap scenario.
#sui #TradingSignals #crypto
SUI 4H chart shows a breakout from a descending triangle, supported by a bullish retest of the breakout trendline aligning with a key demand zone around $3.65–$3.75. The prior breakout yielded a 26% rally, and the current structure mirrors this setup, projecting a potential move toward the $4.90 level (26.25% upside).
Volume confirmation on the breakout and a strong close above $4.10 would solidify bullish momentum. A sustained hold above the trendline is crucial to invalidate any bearish trap scenario.
#sui #TradingSignals #crypto
hold and wait
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