SUI has formed a classic Cup and Handle pattern on the daily chart and has now successfully broken above the neckline resistance around $4.30. This breakout could trigger a strong bullish continuation if volume sustains and retests hold.
Key Points:
Pattern: Cup and Handle
Breakout Level: ~$4.30 (neck resistance)
Potential Upside Target: $5.50 – $6.00+ based on pattern projection
Support Zone: $3.50
Confirmation: Sustained volume and close above neckline
Cheers
Hexa
Key Points:
Pattern: Cup and Handle
Breakout Level: ~$4.30 (neck resistance)
Potential Upside Target: $5.50 – $6.00+ based on pattern projection
Support Zone: $3.50
Confirmation: Sustained volume and close above neckline
Cheers
Hexa
🚀Telegram : t.me/hexatrades
🌐Website: hexatrades.io/
🗣️Twitter(X): twitter.com/HexaTrades
🌐Website: hexatrades.io/
🗣️Twitter(X): twitter.com/HexaTrades
Related publications
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.
🚀Telegram : t.me/hexatrades
🌐Website: hexatrades.io/
🗣️Twitter(X): twitter.com/HexaTrades
🌐Website: hexatrades.io/
🗣️Twitter(X): twitter.com/HexaTrades
Related publications
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.