Technical analysis by EkyFabyanto about Symbol SUI on 5/20/2025

After a strong upward move, SUIUSDT is currently consolidating in a sideways range, forming what appears to be a falling wedge pattern — a classic bullish continuation setup.If this pattern plays out, there's a good chance the price will resume its uptrend, supported by a bullish divergence forming within the wedge. The key level to watch is the resistance at 4.0040. A clean breakout above this level should be backed by strong momentum. However, if the price breaks above but quickly drops back below 4.0040, it could signal a lack of buying pressure — increasing the risk of a failed breakout.This bullish scenario remains valid as long as the price holds above 3.5868. The next potential upside targets are 4.7996 and 5.0552.Keep an eye out for a high-volume breakout and a strong candle close above 4.0040 to confirm the move.What’s your take on SUIUSDT?