SUIUSDT Perpetual Contract
Panjang

Sui (SUI) Update, Double Bottom?

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Sui has formed a bullish double bottom at the $1.32 support zone after an extended downtrend of lower highs and lower lows. The pattern now looks ready for confirmation.

The key level to break is the neckline around $1.66, which sits directly above a bearish order block. A strong close above this region could trigger momentum toward $2.19.

Key Points:
- Double bottom forming at $1.32
- Neckline resistance around $1.66
- Next major target at $2.19

What to Expect:
A breakout above $1.66 could ignite a trend reversal. Failure to do so may lead to continued consolidation around support.

Penafian

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