$SUI Technical Analysis!!!


🚫 Resistance Rejection – After a +150% rally in the past month, #sui has started to retrace from a key Resistance Zone.


🌀 Elliott Wave Theory – It appears that a 5-wave impulsive move has been completed, and a corrective phase is now likely.


📉 Possible Correction – The corrective waves could push SUI down at least -15%, potentially toward the Support Zone, key trendlines, and the SMA 50 on higher timeframes.


What is your idea about @SuiNetwork!?


#CMC Launch: Aster#

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May 19, 2025 at 12:03 PM
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