$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!?
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