Hello Traders 🐺
These days, everyone is talking about SUI—a U.S.-based cryptocurrency that’s showing serious potential to become one of the top gainers in the upcoming Altcoin Season. Let me break it down for you 👇
📈 Chart Analysis
On the chart, we can clearly see a Double Bottom formation, which led to a breakout and a rally to a new ATH at $5.62. After reaching that level, SUI pulled back to retest the previous resistance—which has now flipped into support. ✅
📉 What Now?
Currently, SUI is trading inside a falling wedge pattern, which in my opinion has great potential to act as a bull flag. Depending on how we interpret the pattern, price targets can vary—but don’t worry, I’ve simplified it for you:
🎯 Price Targets
1️⃣ First Target → Top of the falling wedge at $5.62 (ATH)
2️⃣ Second Target → Around $16 🚀
Make sure to take partial profits along the way and manage your risk properly.
Thanks for reading my idea—I hope you found it helpful! 🙌 Don’t forget to like and follow for more updates and support. And always remember:
🐺 Discipline is rarely enjoyable, but almost always profitable 🐺
🐺 KIU_COIN 🐺
These days, everyone is talking about SUI—a U.S.-based cryptocurrency that’s showing serious potential to become one of the top gainers in the upcoming Altcoin Season. Let me break it down for you 👇
📈 Chart Analysis
On the chart, we can clearly see a Double Bottom formation, which led to a breakout and a rally to a new ATH at $5.62. After reaching that level, SUI pulled back to retest the previous resistance—which has now flipped into support. ✅
📉 What Now?
Currently, SUI is trading inside a falling wedge pattern, which in my opinion has great potential to act as a bull flag. Depending on how we interpret the pattern, price targets can vary—but don’t worry, I’ve simplified it for you:
🎯 Price Targets
1️⃣ First Target → Top of the falling wedge at $5.62 (ATH)
2️⃣ Second Target → Around $16 🚀
Make sure to take partial profits along the way and manage your risk properly.
Thanks for reading my idea—I hope you found it helpful! 🙌 Don’t forget to like and follow for more updates and support. And always remember:
🐺 Discipline is rarely enjoyable, but almost always profitable 🐺
🐺 KIU_COIN 🐺
_____________________________________
🐺 Discipline is rarely enjoyable ,
But almost always profitable 🐺
TElEGRAM CHANNEL : t.me/KIU_COIN
_____________________________________
🐺 Discipline is rarely enjoyable ,
But almost always profitable 🐺
TElEGRAM CHANNEL : t.me/KIU_COIN
_____________________________________
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
_____________________________________
🐺 Discipline is rarely enjoyable ,
But almost always profitable 🐺
TElEGRAM CHANNEL : t.me/KIU_COIN
_____________________________________
🐺 Discipline is rarely enjoyable ,
But almost always profitable 🐺
TElEGRAM CHANNEL : t.me/KIU_COIN
_____________________________________
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.