SUI
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SUI – Mid-Term Projection

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📊 SUIUSD continues to respect the channel from October 2024, currently finding support near the 61.8% Fibonacci extension zone. This area could still fuel a bounce this month, offering short-term relief.

However, unless price breaks decisively above $3, the structure remains corrective, likely forming a lower high. That would set the stage for sellers to re-enter, targeting a swing move lower below $1 in the coming months.

#ElliottWave #Trading #Altcoins

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