
@morecryptoonline
YouTube
Avg. Quality
71
Success Rate
27.27
Analysis
352
Correct
96
Fail
105
Pending
143
Ineffective
0
Total Quality
Score
If You Had Traded on This Analysis…
Pending

SUIUSDT
Entry
3.4360
2025-08-03
21:15 UTC
Target
4.4400
Fail
2.6300
Risk / Reward
1 : 1
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Body
The analysis tracks the SUI/USD pair on Binance, identifying potential bullish scenarios while acknowledging ongoing corrective wave patterns. The price is currently testing the 50% Fibonacci retracement level around $3.30, which, alongside a weak swing low from July 12th, offers temporary support. The analyst notes that the current bounce is too small to be considered structurally meaningful. A potential ABC structure up is expected early next week, which would imply an area to 4.44. It’s important that the structure holds above $3.11, and the target zone is 4.44. The analyst suggests two potential patterns. Should the SUIUSD pair break below 2.64, it could trigger different scenarios, potentially involving a larger corrective move as low as 2.00. The analyst explores the possibility of a wave two correction, initiated around July 27th-28th, potentially extending towards $2.95, ideally holding above $2.64. The ideal scenario involves a significant reaction, with key support around the $3.11, in which case a move to 4.44 is very likely.