📊#SUI Rising Wedge 📉

🧠From a structural point of view, we broke through the staged resistance zone, and the resistance zone turned into a support zone.

➡️From a graphical point of view, a rising wedge was formed near the resistance line, and we generally fell according to this model.

⚠️However, the overall trend belongs to a bullish trend, so shorting is a counter-trend transaction, which requires some conservativeness. After the callback occurs, try to focus on long transactions

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📊#SUI reaches the stage resistance zone ✔️

🧠From a structural point of view, after we break through the neckline resistance zone at the daily level, the neckline resistance zone turns into a support zone, and a new bullish structure is established. We have now reached the stage resistance zone, and we need to be alert to the occurrence of a pullback.

➡️The overall trend belongs to a bullish trend, so no matter how it rises, it is reasonable. The best transaction is to go long after the pullback. If the pullback does happen, then the support zone that can be paid attention to is the neckline support zone

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#Wolf_king88 $SUI