SUI Created a Rising wedge, Bearish breakout formed.

٢٤ يونيو ٢٠٢٣

SUI has formed a rising wedge pattern, indicating a potential bearish breakout. Traders and investors should be on the lookout for a downward swing in price, which could lead to a retracement of approximately 50% to 61% on the Fibonacci retracement levels. This retracement is expected to occur around the price level of $0.71.