Salmonation narxiSUI

$SUI continues to follow our previously projected bullish path, showing impressive technical alignment across both Elliott Wave structure and MA confluences. 🔹We’re currently in Wave 4 correction after completing an impulsive Wave 3 rally that peaked around 2.71. 🔸Wave 4 retracement appears to be stabilizing between the 0.382 (2.59) and 0.5 (2.56) Fibonacci zones — a healthy correction zone before the next push. 🔹If the structure holds, Wave 5 could extend to 2.78 (1.0 Fib) and 2.89 (1.618 Fib), aligning perfectly with our previous resistance at 2.9–3.0. This continuation pattern signals that bulls are still in control, consolidating before another potential breakout. 💡 Key Technical Levels Support zones: 2.56 / 2.48 Resistance zones: 2.78 / 2.89 / 3.01 Short-term bias: Bullish Trend structure: Higher highs and higher lows forming — early signs of trend continuation. $SUI is shaping up for a potential Wave 5 breakout. If price holds above 2.55–2.60, the rally could extend toward 2.89–3.00, where both Elliott projection and MA200 converge. However, if 2.48 breaks down, we may see a temporary pullback before resuming bullish structure. Volume confirmation will be key — once momentum spikes, this could be the final impulsive leg of the short-term uptrend.

$SUI continues to follow our previously projected bullish path, showing impressive technical alignment across both Elliott Wave structure and MA confluences. 🔹We’re currently in Wave 4 correction after completing an impulsive Wave 3 rally that peaked around 2.71. 🔸Wave 4 retracement appears to be stabilizing between the 0.382 (2.59) and 0.5 (2.56) Fibonacci zones — a healthy correction zone before the next push. 🔹If the structure holds, Wave 5 could extend to 2.78 (1.0 Fib) and 2.89 (1.618 Fib), aligning perfectly with our previous resistance at 2.9–3.0. This continuation pattern signals that bulls are still in control, consolidating before another potential breakout. 💡 Key Technical Levels Support zones: 2.56 / 2.48 Resistance zones: 2.78 / 2.89 / 3.01 Short-term bias: Bullish Trend structure: Higher highs and higher lows forming — early signs of trend continuation. $SUI is shaping up for a potential Wave 5 breakout. If price holds above 2.55–2.60, the rally could extend toward 2.89–3.00, where both Elliott projection and MA200 converge. However, if 2.48 breaks down, we may see a temporary pullback before resuming bullish structure. Volume confirmation will be key — once momentum spikes, this could be the final impulsive leg of the short-term uptrend.

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