In the midst of the extensive uncertainty in the encryption market, SUI goes through a significant cost as it becomes clear from the loss of 23.25 % in the past thirty days. During this period, the famous Altcoin was trading and major addresses in the current market round of $ 2.35, a 56.44 % decrease from its highest level ever at $ 5.35 in January. In the midst of this chaos, the prominent market expert at X Pseudanbly Pland stated the continuous composition of bi -ups in the bullish -increasing price of explosives in the Sui market.
Liberation and artistic narration puts a stage for sui Tropge – analyst
in X post On June 27, Pland is sharing a price analysis that reveals the formation of two upscale patterns – the flag, head, and recession (H&S) – on the daily chart. Both models are currently the meeting of technical indicators that indicate that Altcoin is preparing to collect large rates with the approaching of the second half of 2025.
The head style and the reverse shoulder is a common updated reflection pattern. Amid the correction of Sui prices in the first quarter, Altcoin left the left shoulder at $ 2.42 in February and headed at $ 1.74 in April with a rise in the price from $ 2.62 appearing to form the right shoulder. Pland describes 2.62 dollars as a decisive support level in this bullish preparation, which ensures the validity of possible prices.
In studying the technical analysis of PLAND, the H & S is inverse the neckline of $ 4.25, which leads to confirming the reversal of the upward prices with a target price set at $ 10.74.
At the same time, the bull flag is a common plan style characterized by a strong guidance of the price (the flag mast), followed by a nomadic channel (the flag) that precedes the cuts of price similar to the length of the flag. Based on the analysis presented by Pland, Previous Pennants successfully led to the Sui Plan to explosive gatherings as shown in 2023 and 2024.
It is worth noting that Sui Bullish Price Action from mid -2024 to ATH in January, followed by a descending price movement since then represented the latest banner of the bull. Based on the ransom of raw prices (Fladpole), Pland offers a long -term long -term goal of $ 27, which represents a possible 10x profit for current market prices.
SUI price overview
At the time of writing this report, SUI trades at $ 2.69 after increasing the price of 2.23 % last day. Despite its struggles last month, Altcoin is still proud to increase the price by 226.33 % in last year’s rating as the best coins in the current market round.
