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If You Had Traded on This Analysis…
Correct
SUIUSDT
Long Entry 3.8332 2025-08-12 16:51 UTC
Target 4.0800 In 1 Days Fail 3.4100
Risk/Reward 1 : 1
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Final PnL
6.44%
P/L:
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SUIUSDT
Correct
Cryptocurrency
Technical
1H
Analysis Predict Bull Market
The analyst discusses a corrective pullback into Fibonacci support for SUIUSD. The current price is $3.64, having reached the 50% Fibonacci retracement level at $3.61. The analyst believes it's a corrective pullback with a three-wave move down. The key level to watch is $3.61; a break below that would reduce the likelihood of it being a wave 4, and more likely a B wave. To the upside targets include $4.08 and $4.22. The analyst emphasizes the importance of bulls showing up to give us a fifth wave, with a fail condition below $3.41. CPI data is also coming out, which could have impact on the price The trend is bearish currently.
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