Technical analysis by Yash_Jain_1309 about Symbol SUI: Buy recommendation (8/20/2025)
https://sahmeto.com/message/3727075

Yash_Jain_1309
Rank: 34464
Analytical Power:
1.1
Why SUI Can Breakout Big & End up In Price DIscovery
:Buy
Price at Publish Time:
$3.46
Profit Target:
(+55.24%)$5.37
Stop Loss Price:
(-4.02%)$3.32

In the current quarter, July brought bullish demand, where this symmetrical pattern played its role on the weekly chart as the SUI price USD reflected a sharp rise from the lower border of this triangle to the upper edge, marking a 90% surge from $2.29 to $4.42. Yet, August brought a pullback toward a key support level near $3.32. If this zone holds and bullish demand steps in, analysts anticipate a retest of the upper border of the pattern. A successful breakout could send the SUI price forecast toward $5.37 in the coming weeks. this retest in Q3 will be followed by an extended rally toward the $6.6 to $7.0 region in Q4 2025.
Source Message: TradingView