📉 Sui (SUI) has dropped 42% from its recent peak, currently trading near crucial support at $3. Analyst Ali highlights a symmetrical triangle forming, suggesting a potential breakout soon.
📈 If this pattern holds, SUI could surge up to 35%, targeting the $4 level. Increased trading volume—$350B over 30 days, up 12%—indicates rising investor interest despite bearish sentiment.
📊 Currently, RSI at 31 signals oversold conditions, hinting at a possible bullish reversal. Resistance sits at $3.50 and $4.00; a failure here could see SUI test $2.50 support.
⚠️ Disclaimer:
This post is for informational purposes only and does not constitute financial advice or endorsement.
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