Since the beginning of the year, SUI has been consolidating inside a classic symmetrical triangle — marked by higher lows and lower highs, a sign of tightening price action and growing pressure.
This kind of structure doesn’t last forever.
Usually, it ends with a strong breakout — especially if supported by volume.
🔍 What to watch:
- A break above the upper trendline could trigger a strong move, with potential targets in the $5 area and even a new ATH, if altcoins enter a real revival phase.
- On the flip side, $2.80 remains the key support level.
As long as it holds, bulls remain in control of the structure.
📍 My game plan:
I’m watching the $3.25 area as a potential buy zone —a great spot inside the pattern, offering tight risk and strong upside if the breakout comes.
Until then, it’s all about patience.
Pressure is building. The triangle is tightening.
And the market is waiting for a reason to move.
This kind of structure doesn’t last forever.
Usually, it ends with a strong breakout — especially if supported by volume.
🔍 What to watch:
- A break above the upper trendline could trigger a strong move, with potential targets in the $5 area and even a new ATH, if altcoins enter a real revival phase.
- On the flip side, $2.80 remains the key support level.
As long as it holds, bulls remain in control of the structure.
📍 My game plan:
I’m watching the $3.25 area as a potential buy zone —a great spot inside the pattern, offering tight risk and strong upside if the breakout comes.
Until then, it’s all about patience.
Pressure is building. The triangle is tightening.
And the market is waiting for a reason to move.
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
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.
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
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.