Suku appears to be at or near the end of a falling wedge it has been forming since inception. A bullish break of the wedge has a 1.5x target that is identical to Suku's listing day high.
Possibility - SUKU could be seen as at the end of a falling wedge that has a 1.5x target which perfectly intersects with its ATH during its initial listing.
A more realistic target and long-term outlook is indicated on the USD pair chart linked in related ideas below.
Cross the neckline and stay above it and SUKU will have a confirmed HSi on the daily chart here.
Targets are marked on the chart w/ solid green lines, halfway to TP 1 is marked with a dashed green line.
Failure if we are unable to get and stay above the neck.
