Hey everyone,
Today marks an important moment for SUI. We’ve just witnessed a clean breakout from a long-term symmetrical triangle on the weekly timeframe, supported by a confirmed Break of Structure (BoS) and a weekly Fair Value Gap (FVG) acting as strong support.
Price respected the FVG zone and bounced, showing clear bullish intent. With strong structure forming and momentum building, I’m targeting the $8 region as the next major level of interest. Market structure is bullish, and the confluence of trendline support, FVG, and the breakout gives me confidence in this move.
Key Highlights:
• Weekly CHoCH followed by BoS 🚀
• Price broke out of triangle and retested FVG🚀
• Bullish continuation structure (W formation)🚀
• Targeting $5.5 → $8 range if momentum holds🚀
Today marks an important moment for SUI. We’ve just witnessed a clean breakout from a long-term symmetrical triangle on the weekly timeframe, supported by a confirmed Break of Structure (BoS) and a weekly Fair Value Gap (FVG) acting as strong support.
Price respected the FVG zone and bounced, showing clear bullish intent. With strong structure forming and momentum building, I’m targeting the $8 region as the next major level of interest. Market structure is bullish, and the confluence of trendline support, FVG, and the breakout gives me confidence in this move.
Key Highlights:
• Weekly CHoCH followed by BoS 🚀
• Price broke out of triangle and retested FVG🚀
• Bullish continuation structure (W formation)🚀
• Targeting $5.5 → $8 range if momentum holds🚀
Aviso legal
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.