📊 Sui ($SUI ) – Lower Timeframe Market Update

SUI remains in the wave 4 / B-wave pullback we’ve been tracking. No signs yet of a larger correction, but short-term weakness is in line with the plan.

📌 Key Levels:

Upper Micro Support Zone: $3.69 – $3.41 → holding here keeps bullish continuation potential alive

Break Below $3.41: Signals wave 2 still unfolding, next target $2.64 (main support)

Wave 4 Lower Bound: Ideally not below $3.61 – a deeper break would favor the B-wave scenario

⚠️ Market Notes:

From the August 2 low, price only shows a 3-wave rally, not 5 – meaning no confirmed larger bullish reversal yet

Pullback could extend deeper if this is a B-wave rather than wave 4

Reaction from Fibonacci support over the weekend suggests bulls are still defending key zones

Bitcoin dominance ticking up, applying extra pressure to altcoins

📈 Outlook:

As long as $3.41 holds, SUI retains upside potential toward a 5th wave. A decisive break below would target $2.64 before any renewed rally attempt.

#SUI #Altcoins #Crypto #PriceAction #ElliottWave #BinanceSquare