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1 extracted signal · 1 resolved · 0 still active
More Crypto Online03 Aug 2025, 21:15 UTC
AI-generated source summary
The analysis tracks the SUI/USD pair on Binance, identifying potential bullish scenarios while acknowledging ongoing corrective wave patterns. The price is currently testing the 50% Fibonacci retracement level around $3.30, which, alongside a weak swing low from July 12th, offers temporary support. The analyst notes that the current bounce is too small to be considered structurally meaningful. A potential ABC structure up is expected early next week, which would imply an area to 4.44. It’s important that the structure holds above $3.11, and the target zone is 4.44. The analyst suggests two potential patterns. Should the SUIUSD pair break below 2.64, it could trigger different scenarios, potentially involving a larger corrective move as low as 2.00. The analyst explores the possibility of a wave two correction, initiated around July 27th-28th, potentially extending towards $2.95, ideally holding above $2.64. The ideal scenario involves a significant reaction, with key support around the $3.11, in which case a move to 4.44 is very likely.
AI-generated summary based on the source content.
Evidence and evaluation progress
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Signals in this source
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