@morecryptoonline

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Avg. Quality

71

Success Rate

26.68

Analysis

1312
Correct
350
Fail
873
Pending
88
Ineffective
0
Total Quality
Score
If You Had Traded on This Analysis…
Pending
SUIUSDT
Long Entry 1.8118 2026-01-15 08:01 UTC
Target 2.0400 Fail 1.6500
Risk/Reward 1 : 1
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SUIUSDT
Cryptocurrency
Technical
1H
Analysis Predict Bull Market
The SUIUSD market is currently consolidating within a sideways range. Following an initial three-wave advance from the November 21st low, the price formed a B-wave top. The analysis indicates the completion of a corrective A-B-C structure within this range. A crucial support zone is identified between $1.67 and $1.75, which, if maintained, is expected to initiate a fifth wave impulse. This projected bullish movement is targeting new highs, with resistance levels anticipated in the region of $2.04, corresponding to the 138.2% Fibonacci extension, and potentially extending to $2.20, aligning with the 161.8% Fibonacci extension. However, on a macro daily perspective, this anticipated upward movement is interpreted as a wave-4 bounce within a larger corrective pattern. A decisive breach above the $2.20 resistance level would be necessary to invalidate this broader corrective outlook, otherwise, a subsequent decline to lower lows is considered highly probable. The current short-term pattern of A-B-C decline is viewed as completing within the established support zone, setting the stage for the potential fifth wave rally.
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