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; it has reached the lower boundary and is poised for a rebound. A retest of this boundary is expected, supporting an upward move. The Relative Strength Index (RSI) indicates a bearish trend, but an upward breakout is likely due to oversold conditions on the 1-hour timeframe. An orange trend line supports the potential upward rebound. There is initial support at the 0.8500 level, acting as a primary support zone. A key support zone (marked in green) exists at 0.7955; the price has rebounded from this area multiple times, making it a strong support level. The price is moving toward the 100-period moving average—a level we are currently approaching—which supports an upward move. Entry Price: 0.9700 Target 1: 1.007 Target 2: 1.04 Target 3: 1.087 Stop Loss: At the green resistance zone. Remember this simple rule: Capital management. If you have any questions, please leave a comment. Thank you.