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SUIUSDT
Entry 3.7157 2025-08-24 01:11 UTC
Target 4.7800
Fail 3.3300
Risk / Reward 1 : 3
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SUIUSDT
Pending
Cryptocurrency
Technical
1H
Analysis Predict Bull Market
Body
The analysis for SUIUSD suggests a potential five-wave sequence unfolding to the upside. The roadmap discussed remains unchanged, with a focus on a currently starting wave C of 5. The overall idea is that the low of a larger degree wave 2 was seen in June, placing the asset now in a larger degree third wave. A scenario where the internal wave 1 is still unfolding is tracked, maintaining the potential for being only in wave one of the larger degree third wave. The analysis focuses on whether bulls can hold a higher low without breaking the August low. A one-two pattern has been identified that could lead to a third-wave rally, with a support zone between $3.42 and $3.61. Resistance is found at $3.90, followed by $4.18 and $4.44.
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