🔹 $SUI – Wave 4 or B-Wave? Key Support Test Underway 🔹

📍 Current Status:

SUI in a corrective pullback into Fibonacci support

Currently at 50% retracement level: $3.61

Structure so far: 3-wave move down (corrective)

📊 Key Levels to Watch:

$3.98 – First resistance (previous swing highs)

$4.08 – $4.22 – Resistance zone if Wave 5 forms

$3.41 – Critical support; loss shifts bias toward deeper correction

$2.95 – $2.64 – Major lower support zone (fallback scenario)

📈 Scenarios:

Bullish (Wave 4): Hold above $3.41 → push into $3.98 → $4.08–$4.22 (Wave 5 completion)

Neutral/Bearish (B-Wave): Break below $3.61 increases odds of deeper correction toward $2.95–$2.64 before next rally

💡 Market Takeaway:

Bulls must defend $3.41–$3.61 to keep short-term uptrend alive. A breakout above $3.98 would strengthen the case for $4.08–$4.22 targets. CPI data release today may trigger volatility.

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