๐ Chart Analysis: $SUI
I can see on this chart highlights a Bullish Pennant pattern ๐, signaling potential upward movement. The price is consolidating above the support zone ๐ฉ ($4.320-$4.350) and preparing for a breakout ๐.The breakout direction is upward, with resistance zones ๐ฅ aligning with the target points. Traders are advised to monitor the support zone ๐ฉ for potential pullbacks ๐ before continuation. This setup emphasizes risk management โ ๏ธ, as reversals could occur below the support zone. The chart indicates strong bullish momentum if the breakout sustains ๐.
Entry Price: 4.35 or Market Price$๐ฐ
Targets (TP):
1๏ธโฃ First Target (TP1): $4.4330 ๐ฐ
2๏ธโฃ Second Target (TP2): $4.5231 ๐
๐ Special Note:
โ ๏ธ Use only 1% of your portfolio ๐ผ to manage risks effectively. Avoid high leverage ๐ซ and proceed cautiously to mitigate potential losses ๐. Always prioritize risk management โ
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