SUI | Triangle Breakout

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