SUI Preparing for a New Bullish Wave?
After weeks of tight consolidation, $SUI has finally broken out of a symmetrical triangle pattern to the upside. The price is now in a minor pullback phase, testing the key resistance-turned-support zone around $4.15 — a previous top on the chart.
Technical perspective:
A valid breakout from the triangle with increasing volume
Clean pullback to the broken trendline with lower wicks suggesting buying pressure
RSI remains neutral, indicating room for upward movement
A successful hold and breakout above $4.15 could trigger targets between $4.70 and $5.20