📊 $SUI Update – Watching the B-Wave Bounce
SUI might finally be starting its B-wave bounce – but we still need confirmation. Here’s the current setup:
🔹 Support Zone: $3.44 – $3.69
🔹 Resistance Zone: $3.89 – $4.11
🔹 Next Target if bullish: $4.78
Key Scenarios:
1️⃣ Impulsive 5-wave move up → Could confirm the bottom and support a direct breakout above $4.11.
2️⃣ Corrective 3-wave bounce → Suggests a broader wave B unfolding, followed by a potential C-wave down.
Break below $3.44 = bearish shift.
Hold support + push above $4.11 = higher prices likely.
Overall, I’m still leaning bullish, but the market structure here will decide the path.
What’s your take – are we heading for $4.78 next, or is a deeper C-wave correction coming? 👀