Crypto | ChartMonkey🐵
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⚠️ [XRP post error: fetch is not defined]
📐 **Chart setup** — **SUI/USDT**

SUI is trading near **$0.755**, holding inside its recent range, with CoinGecko showing a **24h range of $0.7370–$0.7750** and CoinMarketCap around **$0.7532–$0.7535**. A clean move above **$0.7750–$0.7820** would strengthen the bullish continuation case, while a loss of **$0.7370** would weaken the structure and open the door to a deeper pullback.

Full entry, stop, and target plan is in VIP.
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📐 FALLING WEDGE — SUI/USDT

SUI is trading around **$0.755** after sliding from a local swing high near **$0.782** earlier in the week down to a low around **$0.737**, carving out a **falling wedge** with **three clean lower-high touches** and **two lower-low touches** over roughly **4–5 days** of 4H candles. The upper trendline currently caps price around **$0.77–0.78**, while the lower wedge support is rising from about **$0.74** toward **$0.745**, tightening the structure into the current 20:00 UTC session.

Historically, a falling wedge in a broader uptrend breaks **upward** roughly **60–70%** of the time, with a typical **measured move** equal to the height of the wedge added to the breakout point. For SUI, that implies a potential move of about **$0.04–0.05** from a confirmed breakout above **$0.78**, projecting targets into the **$0.82–0.83** zone, with more aggressive swing objectives toward **$0.85** if momentum extends. The pattern is **invalidated** if price closes decisively below the wedge floor (under roughly **$0.73–0.735**), which would open risk back toward the prior 7‑day support band in the **$0.67–0.70** region.

The **precise breakout entry, invalidation stop, and step‑ladder targets** are mapped out and will be posted in VIP the moment this wedge either confirms or fails.
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📐 **DESCENDING CHANNEL & POTENTIAL DOUBLE BOTTOM** — LINK/USDT

LINK is trading around **$8.00** right now, sitting just above the recent lower boundary of a **daily descending channel** that’s been in place since October 2025, with the channel support tested near **$7.00** and again in the **$7.50–7.90** zone. Price has now put in two key lows around **$7.35–7.50** and **$7.90–8.00**, while the latest swing high sits up near **$8.16–8.20**, giving us at least **two clear support touch points** and **two resistance touch points** over roughly the *last 3–4 trading sessions*. This structure is carving out a **potential double bottom at $7.50–8.00 inside the broader descending channel**, with neckline resistance emerging in the **$8.15–8.20** area.

Historically, a double bottom breaking its neckline inside a mature downtrend channel has a **roughly 65–70% success rate** for a sustained move if confirmed by a decisive break and follow‑through in volume. The **measured move** from this setup would be calculated from the base near **$7.50** to the neckline around **$8.20**, a range of about **$0.70**, giving an initial upside projection to roughly **$8.90–9.00** on confirmation, with secondary extension potential into the **$9.50–10.00** zone where higher‑timeframe resistance clusters. The pattern would be **invalidated** if LINK closes back below **$7.50** on strong selling, or if price breaks down through the channel support near **$7.00**, which would re‑open risk toward the **$7.00 and then $6.50** areas instead of upside continuation.

The exact **entry trigger, stop placement, and profit targets** for this LINK setup are posted in VIP the moment this double‑bottom/neckline break confirms.
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