SUIUSDT has bounced from support after a period of consolidation and is holding inside a broader resistance zone. The structure shows a descending triangle pattern forming under the downward trendline, with higher lows providing a base for pressure. A breakout above the resistance line could confirm upside continuation toward the next target zone. Broader momentum remains bullish as long as price sustains above support and higher lows hold the structure.📉 Key Levels
- Buy trigger: Break above descending triangle resistance
- Buy zone: 3.50–3.60 accumulation area
- arget: 4.18
- Invalidation: A close below 3.00 support
💡 Risks
- Failure to sustain above the higher low could trigger renewed bearish momentum.
- Broader crypto market weakness or negative sentiment could stall breakout attempts.
- Upcoming macro data or unexpected events could increase volatility and reject breakout.
If this idea resonates with you or you have your own opinion, traders, hit the comments. I’m excited to read your thoughts!
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🚀FREE CRYPTO signals in Telegram: t.me/cryptolingrid
🌎WebSite: lingrid.org
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
💰FREE FOREX signals in Telegram: bit.ly/3F4mrMi
🚀FREE CRYPTO signals in Telegram: t.me/cryptolingrid
🌎WebSite: lingrid.org
🚀FREE CRYPTO signals in Telegram: t.me/cryptolingrid
🌎WebSite: lingrid.org
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.