Technical analysis by Du_Trade about Symbol SUI: Buy recommendation (4/22/2025)

https://sahmeto.com/message/3440435

SUI - HOLD / POTENTIAL LONG

:Buy

Price at Publish Time:

$2.45

Profit Target:

(+48.63%)$3.64

Stop Loss Price:

(-14.27%)$2.1

Analyzing SUI/USDT on the 4H chart, I see a clear breakout from a descending wedge — a classic bullish reversal pattern. The price has broken through the resistance line with volume, suggesting early momentum shift.This zone might be the beginning of a bigger move. I’m personally considering this coin for a mid-term hold, with potential to scale into a long if confirmation continues.

Source Message: TradingView