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SUIUSDT
Long Entry 3.8717 2025-09-19 01:48 UTC
Target 5.7700 Fail 3.2600
Risk/Reward 1 : 3
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SUIUSDT
Cryptocurrency
Technical
1H
Analysis Predict Bull Market
The analysis focuses on SUIUSD, noting a positive reaction to the wave two support area around September. The price tested the 50% retracement level. The analyst suggests that SUI is currently in its third wave, projecting a rise to $5.77 or higher. Longer term, the price could increase towards $10+. In the short term, the analyst watching certain support levels but emphasizes the importance of the price surpassing $4.30 to $4.40, the previous swing highs from July and May. The analyst notes the current price is $3.94. If the price breaks below the micro support between $3.69 and $3.80, the analyst will readjust the micro structure and the wave two support. The analyst viewing micro support zone between $3.69 and $3.80. Also, the analyst considers the next resistance at $4.20.
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