SUI is coiling up, and it’s hard not to feel the excitement as we dive into the 2-hour chart. What do we see? A falling wedge the kind that traders dream about. This setup, defined by lower highs and lower lows, isn’t just noise; it’s a signal of shrinking bearish momentum and growing potential energy. The chart is practically whispering, “Something’s about to happen.
ACCORDING TO MY ANALYSIS : The Bullish Breakdown
Falling wedges often pave the way for explosive upside action. If SUI can punch through that resistance line with conviction, it could ignite a rally that turns heads. This isn’t just a pattern it’s a setup for a potential liftoff.
🔥 TOTAL3: The Calm Before the Storm? 🚀📈
The TOTAL3 chart is cooking up something big on the 1-hour timeframe. The pattern? ascending triangle a powerful bullish structure where higher lows press against a horizontal resistance. This is the chart equivalent of a coiled spring, and when it snaps, it could unleash some serious fireworks! 🎆
What’s Happening Here?
The market is showing clear demand with buyers stepping in at increasingly higher levels, creating a solid base of support. Meanwhile, sellers are clinging to a key resistance, but their grip looks shaky. The tension is building, and historically, this kind of setup often ends with a pop.
The Bullish Breakdown :
If price action smashes through that resistance with conviction, expect a sharp surge as momentum traders and sidelined capital flood in. If it spikes on the breakout, the move is legit.
🔥 RSI Says: The Bulls Are Warming Up! 🐂💥
The 14-period RSI is flexing its muscles, and the signal is loud and clear momentum is shifting to the bulls. After bouncing out of oversold territory, the RSI is charging upward, carving out a steady sequence of higher lows. This isn’t just noise; it’s the sign of growing strength in the market. 📈
Right now, that story is about buyers gaining control as sellers step back. When the RSI moves like this, it’s often the calm before the bullish storm. Traders know what this kind of movement often foreshadows: a potential breakout or sustained upward trend. 🚀
Signal Type : Long
Entry: 3.4339
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1st Tp: 0.4472
2nd Tp: 0.4581
3rd Tp : 0.4693
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