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SUIUSDT
Long Entry 3.7248 2025-09-14 22:00 UTC
Target 4.4400 Fail 3.2600
Risk/Reward 1 : 2
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SUIUSDT
Pending
Cryptocurrency
Technical
1H
Analysis Predict Bull Market
The analysis identifies a wedge pattern on the SUIUSD daily chart, with a breakout to the upside. The current price is $3.69, and the analyst suggests that a third wave rally could potentially take the price to $5-$6 plus. Key support levels are identified between $2.64 and $3.17. The analysis suggests a potential retest of the wedge's upper boundary around $3.69, before further upward movement. It advises that as long as the price holds above $3.26, the 78.6% retracement level, the outlook remains bullish. Resistance levels are located at $3.88, $4.20 and $4.44. A smaller ascending trend channel on the 1H timeframe supports the short-term bullish outlook, however a drop below 3.26 invalidates the analysis. The patterns observed may form a leading diagonal pattern.
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