#SUIUSDT – Bullish Triangle Breakout Confirmed | Resistance

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#SUIUSDT – Bullish Triangle Breakout Confirmed | ResistanceSUI / TetherUSBINANCE:SUIUSDTCryptoAnalystSignal#SUI The price is moving within a descending channel on the 1-hour timeframe and has reached the lower boundary. It is now poised for a bounce and is expected to retest this boundary. The Relative Strength Index (RSI) indicates a downward trend, which is likely to continue given the overbought conditions. There is a key support zone in green at 0.9000. The price has bounced off this zone several times, making it a strong support level. The price is trending towards the 100-period moving average, which we are approaching. This trend supports an upward move. Entry Price: 0.9500 First Target: 0.9665 Second Target: 0.9835 Third Target: 1.00 You can stop at the first and second targets and close the price, or continue towards the third target. Stop Loss: At the resistance zone in green. Remember this simple rule: Money Management. Any questions? Please leave a comment. Thank you.