SUI / TetherUS
Largo

SUIUSDT: Bullish Breakout from Rounding Bottom Formation

2 708
SUIUSDT presents a rounding bottom formation, with price action successfully breaking and closing above the neckline resistance, confirming a strong bullish continuation signal. The immediate plan is to monitor the defined Buy Back Zone for potential re-accumulation opportunities should price retrace.

SUIUSDT remain so strong


The neckline region, now converted into a key demand area, is expected to act as major support in case of any pullback. A full-scale buyback is anticipated upon any retest of this zone. Both the initial target based on the rounding bottom breakout and the final setup target have been clearly outlined.

We welcome your thoughts and feedback on this current technical outlook.
Nota
Focus on the buy back zone
Nota
The setup still very much in progress, focus on the BB Zone for your buy opportunity

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Nota
Pay attention to the BB-zone as a strong re-accumulation area for buying opporutnity.

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