Technical analysis by taika808 about Symbol SUI: Buy recommendation (7/14/2025)

SUI/USDT has successfully broken out of a major triangle consolidation pattern. The breakout pattern suggests SUI could experience significant upside momentum, especially if it maintains above the triangle's upper boundary. This technical setup aligns well with a medium-term bullish outlook. Key Technical Points: Triangle pattern breakout confirmed with strong momentum Price cleared the upper resistance trendline decisively RSI showing recovery from oversold conditions Multiple VWAP levels providing support structure Price Targets: First resistance: $4.20 (red shaded zone) Extended target: $6.50+ following the projected path Trade Setup: Entry: Current levels (agressive) or on a pullback to the triangle (conservative) Stop loss: Below $3.30 VWAP-90 Support