SUI Eyes Upside Breakout: BULLISH Wedge spotted! ๐Ÿš€๐Ÿ”ฅ

#SUI appears poised for a breakout after a bullish falling wedge pattern emerged. The price action recently broke above the wedge's resistance, hinting at a potential trend reversal.

Here's the play:โšก

Support: $1.05-$1.08. A retest of this zone could be a good entry point for a long position for.$SUI .

Target: $1.37-$1.43. This is the resistance area we're eyeing for potential gains.๐Ÿš€

Why this trade idea?๐Ÿค”

Falling wedges are generally considered #bullish continuation patterns. The converging wedge indicates diminishing selling pressure, and the breakout suggests buyers are taking control.

#SUI๐Ÿ”ฅ #Suipriceanaysis