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Sui (SUI) Technical Analysis: Ascending Triangle Pattern Signals Potential Rally Toward $4.50
Sui (SUI) Technical Analysis: Ascending Triangle Pattern Signals Potential Rally Toward $4.50
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[TRADE_PLUGIN]SUIUSDT,SUIUSDT[/TRADE_PLUGIN]
SUI News -
Sui has established solid footing above the crucial $3.20 support level, with technical indicators revealing a bullish ascending triangle formation. The pattern of higher lows on the daily chart indicates accumulating buyer interest, while resistance in the $3.90–$4.50 range represents the next significant challenge.
A confirmed breakout could propel sui toward the $4.50 target, echoing historical patterns where such consolidations typically precede sustained upward movements. The $3.00 level now serves as a critical test—maintaining this support preserves bullish momentum, while a breakdown could shift market sentiment to neutral or bearish territory.
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