SUI broke the support at $1.97 and tested it once again from below with yesterday's brief countermovement. It should now proceed downward so that the turquoise corrective wave 2 can be properly completed. Subsequently, the turquoise impulse wave 3 should provide new upward momentum, racing toward new all-time highs. The resistance at $5.36 should only be a milestone.
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📊 Free daily market insights combining macro + Elliott Wave analysis
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter - full free analyses at dailymarketupdate.com
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter - full free analyses at dailymarketupdate.com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.