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.
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.
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Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Join the Free Trading Group
Telegram: t.me/freetradingden 🔥
Claim $1000 Deposit Bonus 🎁
Trade with perks & support the community!
partner.blofin.com/d/TheAlchemist
Stay sharp, trade smart.
— Team The Alchemist ⚔️
Telegram: t.me/freetradingden 🔥
Claim $1000 Deposit Bonus 🎁
Trade with perks & support the community!
partner.blofin.com/d/TheAlchemist
Stay sharp, trade smart.
— Team The Alchemist ⚔️
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
