SUI Smashing above $2 or going below $0.17Dear community,
We are approaching a critical phase in the crypto market. Based on current volume structure, market aggression, and the broader macroeconomic outlook, I currently see two possible scenarios, with Scenario 2 appearing more probable at this stage.
Option 1:
The market breaks higher,
Compare with Sui / USD Coin
SUI macro impulse wave 2SUI is at a critical support zone which lines up with the 61.8 fib retracement if the bulls can hold the support and not give in to bearish sell pressure pushing to the 78.6 retracement we can see the 3rd impulse wave (which is the biggest wave of the 1-3-5 Elliott wave pattern kick off. At the mome
Not clear ascending wedgeIf the price will touch the circled area i could bet in a price correction till the middle of the wedge. A little correction is expected in March by the token supply increase. In any case i don't expect a price reversal but eventually it will be evaluated again closer to the June token unlock.
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.





