If you're on the hunt for extreme risks and potentially high rewards — SUI might be calling your name.
Currently, SUI is trending within a well-respected ascending channel, and just today, it tapped both the demand zone and the lower boundary of this channel.
That’s what we call a double support, and it often signals a strong potential bounce.
SUI now appears to be forming a bullish flag pattern. If this formation breaks to the upside, it could trigger the fifth impulsive wave in line with Elliott Wave Theory.
In such a case, the main target is projected around $5.00–$5.20.
Extreme setups demand extreme conviction.
Good luck.
Currently, SUI is trending within a well-respected ascending channel, and just today, it tapped both the demand zone and the lower boundary of this channel.
That’s what we call a double support, and it often signals a strong potential bounce.
SUI now appears to be forming a bullish flag pattern. If this formation breaks to the upside, it could trigger the fifth impulsive wave in line with Elliott Wave Theory.
In such a case, the main target is projected around $5.00–$5.20.
Extreme setups demand extreme conviction.
Good luck.
Trade aktif
The flag has been broken. Buy back area is around $3.8 - $ 4
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.