🚀🤑📈SUI/USDT Chart Analysis

- Current Price: 1.0133 USDT

- 24h Volume: 206.55M USDT

- Price Movement:

- The recent green candlestick indicates an uptrend, with a +0.63% increase.

- High: 1.0174 USDT

- Low: 0.8875 USDT

- Percentage Changes:

- Today: -23%

- Last 7 Days: -9.31%

- Last 30 Days: -12.31%

- Last 180 Days: +47.50%

Technical Insights

1. Pattern Formation:

- SUI appears to be forming a large-scale pattern, with bearish and bullish waves.

- The first wave lasted 167 days, and the second wave lasted 189 days.

- Keep an eye on the diagonal trendline for potential bullish confirmation.

2. Potential Breakout:

- SUI recently broke out of its downtrend line, showing strength.

- Accumulate under $1.08 for potential gains.

- Targets: $1.4, $1.5, $1.7, $1.9, $2.07.

3. Cautionary Note:

- Be aware of a significant token unlock event for Series B and C investors on August 3rd.

- Monitor price action closely during this period.

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