If you're on the hunt for extreme risks and potentially high rewards — SUI might be calling your name.
Currently, SUI is trending within a well-respected ascending channel, and just today, it tapped both the demand zone and the lower boundary of this channel.
That’s what we call a double support, and it often signals a strong potential bounce.
SUI now appears to be forming a bullish flag pattern. If this formation breaks to the upside, it could trigger the fifth impulsive wave in line with Elliott Wave Theory.
In such a case, the main target is projected around $5.00–$5.20.
Extreme setups demand extreme conviction.
Good luck.
Currently, SUI is trending within a well-respected ascending channel, and just today, it tapped both the demand zone and the lower boundary of this channel.
That’s what we call a double support, and it often signals a strong potential bounce.
SUI now appears to be forming a bullish flag pattern. If this formation breaks to the upside, it could trigger the fifth impulsive wave in line with Elliott Wave Theory.
In such a case, the main target is projected around $5.00–$5.20.
Extreme setups demand extreme conviction.
Good luck.
Dagangan aktif
The flag has been broken. Buy back area is around $3.8 - $ 4
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.