Hey everyone,
Today marks an important moment for SUI. We’ve just witnessed a clean breakout from a long-term symmetrical triangle on the weekly timeframe, supported by a confirmed Break of Structure (BoS) and a weekly Fair Value Gap (FVG) acting as strong support.
Price respected the FVG zone and bounced, showing clear bullish intent. With strong structure forming and momentum building, I’m targeting the $8 region as the next major level of interest. Market structure is bullish, and the confluence of trendline support, FVG, and the breakout gives me confidence in this move.
Key Highlights:
• Weekly CHoCH followed by BoS 🚀
• Price broke out of triangle and retested FVG🚀
• Bullish continuation structure (W formation)🚀
• Targeting $5.5 → $8 range if momentum holds🚀
Today marks an important moment for SUI. We’ve just witnessed a clean breakout from a long-term symmetrical triangle on the weekly timeframe, supported by a confirmed Break of Structure (BoS) and a weekly Fair Value Gap (FVG) acting as strong support.
Price respected the FVG zone and bounced, showing clear bullish intent. With strong structure forming and momentum building, I’m targeting the $8 region as the next major level of interest. Market structure is bullish, and the confluence of trendline support, FVG, and the breakout gives me confidence in this move.
Key Highlights:
• Weekly CHoCH followed by BoS 🚀
• Price broke out of triangle and retested FVG🚀
• Bullish continuation structure (W formation)🚀
• Targeting $5.5 → $8 range if momentum holds🚀
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.