@morecryptoonline
YouTube
Avg. Quality
71
Success Rate
32.01
Analysis
2649
Correct
848
Fail
1752
Pending
45
Ineffective
0
Total Quality
Score
If You Had Traded on This Analysis…
Pending
SUIUSDT
Long Entry
0.7150
2026-06-06
23:26 UTC
Target
1.5000
Fail
0.4000
Risk/Reward
1 : 2
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Live PnL
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The analysis focuses on SUIUSDT, suggesting that while the asset has experienced a three-wave decline from the 2023 low, it has failed to form the expected fifth wave up. This indicates a potential continuation of the bearish trend. The speaker suggests that while certain support levels can be watched, it will be more difficult for the bulls to take the lead. Therefore, SUIUSDT might face more difficulties in recovering, implying a bearish outlook in the short to medium term, despite the possibility of a long-term uptrend. The current structure suggests a potential ABC correction downwards. For a confirmation of a sustained uptrend, a five-wave move upwards would typically be required, which SUIUSDT has not yet provided. The current price is observed around 0.65, with a target price of 1.50 if a bullish trend were to materialize. However, the failure bound is set at 0.40, indicating that a price below this level would invalidate any bullish thesis and confirm a deeper bearish movement.