Yello Paradisers, have you felt how calm #SUIUSDT has been lately? Don’t let the silence fool you — this is classic market behavior before a major move. After a strong impulsive rally marked by a clean 5-wave Elliott structure — kicking off with a Leading Diagonal, expanding sharply in Wave 3, and ending with a textbook Ending Diagonal in Wave 5 — SUI is showing signs of transition. Price action is compressing, momentum is stalling, and volatility is drying up. That’s not randomness — it’s structure. We’re likely entering the early phase of an ABC correction — possibly a Zigzag or Flat — and this is where most traders get trapped. These phases are known for fakeouts, liquidity hunts, and emotional shakeouts. The Ending Diagonal has done its job — now comes the deceptive calm of the corrective cycle.
The critical level here is $SUI 3.006. As long as SUI holds above it, bulls may aim for a breakout towards $4.20, and if momentum sustains, even the $4.80–$5.00 macro resistance is on the table. But a confirmed close below this zone flips the script — opening up the $2.40–$2.00 range as the next key demand area. This is where smart money watches patiently while weak hands get wiped out. Don’t get baited by early moves. Let the correction mature, protect your capital, and wait for high-probability setups. The real gains are made not by chasing noise — but by reading the structure and acting with precision.