@morecryptoonline

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Correct
353
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888
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SUIUSDT
Long Entry 1.7724 2026-01-18 01:53 UTC
Target 2.0400 Fail 1.7000
Risk/Reward 1 : 4
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SUIUSDT
Cryptocurrency
Technical
1H
Analysis Predict Bull Market
The SUIUSD chart on the 1-hour timeframe is currently consolidating following a three-wave decline, which concluded a fourth-wave pullback. This corrective phase was projected to find support within the $1.67 to $1.75 range for an internal wave four. A subsequent micro five-wave advance has commenced from the January 16th low. The analysis anticipates a micro three-wave pullback within this advance, ideally holding support between $1.72 and $1.77. The bullish trajectory is contingent on maintaining price levels above $1.70. A decisive break above the $1.81-$1.82 resistance could signal the start of a third wave up, aiming for a target of $2.04, with potential extension to $2.19. Conversely, a move below the Friday low, around $1.67, would invalidate the bullish outlook for a fifth-wave advance.
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